Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Employment Change for July came in at -14.6K and the Unemployment Rate at 3.7%. Economists predicted a figure of 15.0K and 3.6%. Forex traders can compare this to the Australian Employment Change for June, reported at 31.6K, and the Unemployment Rate reported at 3.5%. 24.2K Full-Time Positions were lost, and 9.2K Part-Time Positions were created in July. Forex traders can compare this to the creation of 38.0K Full-Time Positions and the loss of 6.3K Part-Time...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for July decreased by 0.4% monthly and increased by 6.8% annualized. Economists predicted a drop of 0.5% and a rise of 6.8%. Forex traders can compare this to the UK CPI for June, which rose by 0.1% monthly and 7.9% annualized. The UK Core CPI for July expanded by 0.3% monthly and 6.9% annualized. Economists predicted an increase of 0.2% and 6.8%. Forex traders can compare this to the UK CPI for June, which rose by 0.2% monthly and 6.9% annualized. The UK PPI Input...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney is currently navigating a challenging period, which is hardly a hidden fact. Over the past couple of years, the prominent entertainment company has witnessed a decline in its stock value, primarily due to a slowdown in revenue growth, a gradual recovery in profits post the pandemic, and a surprising return of CEO Bob Iger. This unexpected leadership change indicated a potential misdirection under former CEO Bob Chapek. Simultaneously, the media industry confronts...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Wage Price Index for the second quarter increased by 0.8% quarterly and by 3.6% annualized. Economists predicted a rise of 0.9% and 3.7% annualized. Forex traders can compare this to the Australian Wage Price Index for the first quarter, which rose by 0.8% quarterly and 3.7% annualized. Chinese Retail Sales for July increased by 2.5% annualized. Economists predicted a rise of 4.5% annualized. Forex traders can compare this to Chinese Retail Sales for June,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Achieving a valuation of $1 trillion or beyond is undoubtedly noteworthy, given that there are currently only six companies that have attained this milestone. The anticipation surrounding the next contenders to join this exclusive club is equally intriguing. Among these prospects, Berkshire Hathaway, Meta Platforms (META 1.51%), and Tesla stand out, with valuations ranging from $760 to $780 billion. Within this trio, I firmly believe that Meta Platforms is a strong candidate to...