Source: PaxForex Premium Analytics Portal, Fundamental Insight US Final Building Permits for November are predicted to increase by 1.1% monthly to 1.487M permits. Forex traders can compare this to US Final Building Permits for October, which dropped by 4.75% monthly to 1.471M permits. US New Home Sales for October are predicted at 721K new homes. Forex traders can compare this to US New Home Sales for September, reported at 759K new homes. The lack of economic data on Cyber Monday will have traders focus on strong retail shopping numbers...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Pfizer's stock has faced a challenging year, experiencing a disappointing 38% decrease in performance. The company grapples with various issues, including diminishing revenues from COVID-19 products, the impending patent expiration for key drugs like Eliquis in the coming years, and uncertainties surrounding recent acquisitions. One instance is Pfizer's acquisition of Global Blood Therapeutics and Arena Pharmaceuticals to broaden its portfolio in rare blood and...
Source: PaxForex Premium Analytics Portal, Technical Insight The widely recognized cryptocurrency, Ripple, has experienced a significant decline of over 10% in the past week, currently trading at $0.58 per token. This value is notably lower than the brief peaks it reached in 2021 and 2018, hovering around $2 and $3, respectively. Despite positive developments in Ripple's ongoing legal battles and a gradual improvement in the overall cryptocurrency market sentiment, Ripple's crypto winter persists. Amidst this scenario, there arises...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Retail Sales for the third quarter came in flat at 0.0% quarterly and dropped by 3.4% annualized. Forex traders can compare this to New Zealand Retail Sales for the second quarter, which contracted by 1.0% quarterly and 3.5% annualized. The Japanese National CPI for October increased by 0.7% monthly and 3.3% annualized. Forex traders can compare this to the Japanese National CPI for September, which rose by 0.3% monthly and 3.0% annualized. The Japanese National...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The French Business Survey for November is predicted at 98. Forex traders can compare this to the French Business Survey for October, reported at 98. The Preliminary French HCOB Manufacturing PMI for November is predicted at 43.1, the Preliminary French HCOB Services PMI at 45.6, and the Preliminary French HCOB Composite PMI at 45.0. Forex traders can compare this to the French HCOB Manufacturing PMI for October, reported at 42.8, the French HCOB Services PMI at 45.2, and the...