Source: PaxForex Premium Analytics Portal, Fundamental Insight German Industrial Production for August decreased by 0.2% monthly and 1.8% annualized. Forex traders can compare this to German Industrial Production for July, which dropped by 0.6% monthly and 2.0% annualized. Eurozone Sentix Investor Confidence for October is predicted at -24.0. Forex traders can compare this to Eurozone Sentix Investor Confidence for September, reported at -21.5. Gold experienced a massive sell-off over the past three weeks as traders priced in the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The performance of AT&T stock this year has sharply contrasted with the broader market's performance. While the S&P 500 has shown a year-to-date increase of approximately 10%, AT&T's shares have plummeted by roughly 20%. Several factors contribute to this pessimistic sentiment. The wireless industry has experienced a slowdown this year, partly due to a hangover effect from the strong growth seen during the pandemic and partly due to economic uncertainty....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for September is predicted to show 170K job additions and an unemployment rate of 3.7%. Forex traders can compare this to the US NFP Report for August, which showed 187K job additions and an unemployment rate of 3.8%. Private Payrolls for September are predicted to show 160K job additions and Manufacturing Payrolls 5K job additions. Forex traders can compare this to Private Payrolls for August, which showed 179K job additions, and Manufacturing Payrolls, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Microsoft's shares have demonstrated a remarkable 33% year-to-date growth, capturing the attention of investors due to its expanding presence in the realm of artificial intelligence (AI) and its resilience to economic challenges compared to its industry peers. Additionally, Microsoft stands as a major player in the software arena, achieving record-breaking success with renowned brands such as Windows, Office, Azure, and LinkedIn. Despite its strong performance earlier this...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Trade Balance for August came in at A$9,640M. Economists predicted a figure of A$8.725M. Forex traders can compare this to the Australian Trade Balance for July, reported at A$8,039M. Exports for August rose by 4.0% monthly, and imports were flat at 0.0%. Forex traders can compare this to exports for July, which contracted by 2.0%, and imports, which expanded by 3.0%. The Hong Kong Manufacturing PMI for September came in at 49.6. Forex traders can compare this to...