Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Sector Credit for March increased 0.3% monthly and 5.1% annualized. Economists predicted an increase of 0.3% monthly and 2.6% annualized. Australian Housing Credit for March increased by 0.4% monthly. Forex traders can compare this to Australian Housing Credit for February, which rose by 0.4% monthly. Australian Retail Sales for March decreased by 0.4% monthly. Economists predicted an increase of 0.2% monthly. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Energy sector stocks, including ExxonMobil, have experienced significant upward momentum in the past couple of months, driven by escalating geopolitical tensions in the Middle East and subsequent increases in oil prices. However, investors considering buying ExxonMobil at this juncture should assess several key factors. ExxonMobil stands as one of the globe's leading oil and gas enterprises, renowned for its robust capital management practices and impressive track record of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Spanish CPI for April is predicted to rise by 3.4% annualized. Forex traders can compare this to the Spanish CPI for March, which increased by 3.2% annualized. Eurozone Economic Sentiment for April is predicted at 96.9. Forex traders can compare this to Eurozone Economic Sentiment for March, reported at 96.3. Eurozone Industrial Sentiment for April is predicted at -8.5, and Eurozone Services Sentiment at 6.5. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In the past months, Bank of America's stock has surged, recording a remarkable 44% gain since November. This rise is largely attributed to the Federal Reserve's halt on interest rate hikes, providing a favorable environment for bank stocks. However, persistent inflationary pressures have led to a reassessment of interest rate cut expectations for 2024. Given these shifts, is Bank of America a suitable addition to your investment portfolio? One driving factor behind the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore's Industrial Production for March plunged by 16.0% monthly and 9.0% annualized. Economists predicted a contraction of 8.8% and 1.5%. Forex traders can compare this to Singapore's Industrial Production for February, which surged by 14.6% monthly and rose by 4.4% annualized. US Personal Income for March is predicted to increase by 0.5% monthly, and Personal Spending by 0.6% monthly. Forex traders can compare this to Personal...