Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple Inc. holds the title of the world's most valuable company in terms of market capitalization, and its remarkable journey has seen it reach unprecedented milestones since its establishment 47 years ago. Demonstrating an exceptional ability to capture the consumer market, Apple has consistently dominated various product categories, notably achieving a leading position with its iconic iPhone. This device has amassed an impressive user base exceeding one billion individuals...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Japanese Leading Index for July came in at 108.2, and the Final Japanese Coincident Index at 114.2. Economists predicted a figure of 107.6 and 113.0. Forex traders can compare this to the Japanese Leading Index for June, reported at 108.8, and to the Japanese Coincident Index at 115.6. US Preliminary Durable Goods Orders for August are predicted to decrease by 0.5% monthly, and Durables Excluding Transportation to increase by 0.1% monthly. Forex traders can compare...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The S&P 500 Index has surged by over 20% from its bear market low, prompting discussions about the emergence of a bull market. However, it may be a tad premature to declare this transition since, typically, the index must also attain a new all-time high to officially mark the beginning of a new growth phase. Nevertheless, it's evident that we are on the cusp of the next bull market, making it an opportune moment to consider investments in stocks that stand to gain the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Final Building Permits for August are predicted to rise 6.9% monthly to 1,543K permits. Forex traders can compare this to US Building Permits for July, which increased by 0.1% monthly to 1,443K permits. The US House Price Index for July is predicted to increase by 0.5% monthly. Forex traders can compare this to the US House Price Index for June, which rose by 0.3% monthly. The US S&P/Case-Shiller Composite 20 for July is predicted to contract by 0.30% annualized. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While major market indices like the S&P 500 and the Nasdaq Composite have had a prosperous year, not all stocks have shared in this upward trend. The primary drivers of the market's gains have been the substantial growth in big tech companies and the remarkable surge in Tesla's stock price. To illustrate, Alphabet, Microsoft, Nvidia, and Tesla shares have witnessed year-to-date increases of 48%, 32%, 184%, and 100%, respectively. These large-cap companies have played...