Source: PaxForex Premium Analytics Portal, Fundamental Insight The market has seen a resurgence this year, bouncing back from a bear market in 2022. While some are hesitant to officially declare it a bull market, the Nasdaq Composite has rebounded by more than 20% from its previous lows, which strongly suggests it may be reentering bull territory. However, the question remains: Is it a wise decision to invest in the Nasdaq after this rapid increase in its value? The intuitive response leans towards "yes," as investors typically...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Westpac Leading Index for September rose by 0.07% monthly. Forex traders can compare this to the Australian Westpac Leading Index for August, which decreased by 0.04%. The Chinese GDP for the third quarter increased by 1.3% quarterly and 4.9% annualized. Economists predicted a rise of 1.0% quarterly and 4.4% annualized. Forex traders can compare this to the Chinese GDP for the second quarter, which rose by 0.5% quarterly and 6.3% annualized. The Chinese GDP for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight JPMorgan Chase set a strong tone for the earnings season, delivering impressive results. As the largest bank in the United States, it exceeded expectations by more than 11% in earnings per share, driven by substantial growth in net income for the quarter. This performance underscores its reputation as one of the best-managed banks in the country. Under the leadership of CEO Jamie Dimon, JPMorgan demonstrated remarkable resilience during the third quarter. Dimon's ability to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for September came in at S$4.943B. Forex traders can compare this to the Singapore Balance for August, reported at S$3.215B. Non-Oil Exports for September surged by 11.1% monthly and plunged by 13.2% annualized. Economists predicted a rise of 3.2% and a drop of 14.2%. Forex traders can compare this to Non-Oil Exports for August, which collapsed by 6.6% monthly and 22.5% annualized. US Retail Sales for September are predicted to increase by 0.3%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors are currently grappling with uncertainty regarding the long-term viability of Coca-Cola as an investment. While this beverage giant unquestionably dominates its industry and boasts impressive profit margins, shifting consumer preferences away from sodas indicate that Coca-Cola's era of robust growth may be a thing of the past. To gain a better understanding, let's explore the primary arguments in favor of and against this widely-held dividend powerhouse....