Source: PaxForex Premium Analytics Portal, Fundamental Insight McDonald's stands out as an unparalleled symbol of the fast-food industry, having transformed and defined the sector since its inception. With a global presence, its distinctive golden arches are instantly recognizable across the world. While McDonald's has undoubtedly been a timeless and prosperous brand, having enriched many investors over the years, past success alone does not guarantee future returns. Nevertheless, three compelling reasons underscore why investors...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Construction Index for November came in at 22.2. Forex traders can compare this to the Australian AiG Construction Index for October, reported at 18.5. The AiG Manufacturing Index for November came in at -25.3, and the AiG Industry Index at -22.4. Forex traders can compare this to the AiG Manufacturing Index for October, reported at -20.9, and the AiG Industry Index at -9.9. The Australian GDP for the third quarter expanded 0.2% quarterly and 2.1% annualized...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As of the end of 2023, Apple retains its position as the world's largest company, boasting a market cap of $2.94 trillion, with Microsoft closely trailing at $2.81 trillion, merely a 4.6% gain away from taking the lead. The prospect of Microsoft surpassing Apple in 2024 is contingent on various factors. Apple predominantly caters to consumers, relying on products like iPhones, iPads, and Apple Watches. This consumer-centric focus makes Apple's performance closely tied...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Current Account Balance for the third quarter came in at -A$0.2B. Economists predicted a figure of A$3.1B. Forex traders can compare this to the Australian Current Account Balance for the second quarter, reported at A$7.8B. Australian Net Exports of GDP for the third quarter decreased 0.6% quarterly. Economists predicted a contraction of 0.2%. Forex traders can compare this to Australian Net Exports of GDP for the second quarter, which rose by 0.8% quarterly. The...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While the stock market may present seemingly obvious opportunities, a comprehensive evaluation is essential before making any investment, even in the case of industry giant Amazon. Despite being a powerhouse in e-commerce, Amazon has faced challenges recently. However, signs of a resurgence are evident, accompanied by accelerated growth. Let's delve into the data to assess whether Amazon stock is a favorable investment at present. Amazon's Core Strength: E-commerce...