Source: PaxForex Premium Analytics Portal, Fundamental Insight The Chinese 1-Year Loan Prime Rate for November was reported at 3.45%, and the Chinese 5-Year Loan Prime Rate at 4.20%. Economists predicted a figure of 3.45% and 4.20%. Forex traders can compare this to the previous Chinese 1-Year Loan Prime Rate for October, reported at 3.45%, and the Chinese 5-Year Loan Prime Rate reported at 4.20%. The German PPI for October decreased by 0.1% monthly and plunged by 11.0% annualized. Economists predicted a decrease of 0.1% and 11.0%. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon has seized the attention of Wall Street this year, impressing investors with a resurgence of profitability in its e-commerce sector and a promising foray into artificial intelligence (AI). Notably, the company's shares have surged by approximately 70% year to date, a significant turnaround from the 50% decline experienced in 2022 amid a broader market sell-off. The preceding year witnessed an economic downturn that led to substantial drops in consumer spending across...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Input for the third quarter rose by 1.2% quarterly, and the New Zealand Output by 0.8%. Forex traders can compare this to the New Zealand Input for the second quarter, which decreased by 0.2% quarterly, and the New Zealand Output, which increased by 0.2%. The Singapore Trade Balance for October came in at S$6.524B. Economists predicted a reading of S$5.118B. Forex traders can compare this to the Singapore Balance for September, reported at S$5.118B. Non-oil...
Source: PaxForex Premium Analytics Portal, Fundamental Insight McDonald's stock in 2023 has experienced fluctuations, soaring at times due to strong fundamental performance but taking a downturn when it announced the first increase in franchise royalty fees in nearly three decades. Despite this, the company has recently demonstrated confidence in its future by significantly raising its dividend, prompting an examination of whether this supports a compelling case for investing in the restaurant giant. In the latest announcement,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Consumer Inflation Expectations for November increased by 4.9% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for October, which expanded by 4.8% annualized. The Australian Employment Change for October came in at 55.0K, and the Unemployment Rate at 3.7%. Economists predicted a figure of 20.0K and 3.7%. Forex traders can compare this to the Australian Employment Change for September, reported at 7.8K, and the Unemployment...