Source: PaxForex Premium Analytics Portal, Fundamental Insight Preliminary Japanese Industrial Production for June rose by 2.0% monthly and decreased by 0.4% annualized. Forex traders can compare this to Japanese Industrial Production for May, which contracted by 2.2% monthly and rose by 4.2% annualized. The Japanese Industrial Production Forecast for July decreased by 0.2%, and the Industrial Production Forecast for August rose by 1.1% monthly. Japanese Retail Sales for June dropped by 0.4% monthly and expanded by 5.9% annualized. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Boeing's shares have experienced an impressive surge over the past year, soaring by 50%. Remarkably, the stock has almost doubled in value since hitting its low point in September of the previous year. Investors remained upbeat about the company's turnaround, leading to a further 13% rally in the stock last week. Looking ahead, the positive trajectory of Boeing stock may be sustained into 2024 and beyond, thanks to improving financial metrics. However, it's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss KOF Leading Indicator for July is predicted at 90.5. Forex traders can compare this to the Swiss KOF Leading Indicator for June, reported at 90.8. The US Employment Cost Index for the second quarter is predicted to increase by 1.1% quarterly. Forex traders can compare this to the US Employment Cost Index for the first quarter, which rose 1.2% quarterly. US Employment Wages for the second quarter are predicted to expand by 1.2% quarterly and US Employment Benefits by 1...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple has been a strong performer for investors this year, with its stock surging by 50% since January 1st. Wall Street has been particularly bullish on the company as it approached a market cap of $3 trillion, a milestone it achieved in June, making it the first company to reach such a valuation. The company's track record of consistent growth has earned it a reputation as a reliable investment option, leading Warren Buffett's Berkshire Hathaway to allocate 46% of its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The South African PPI for June is predicted to increase by 0.5% monthly and 6.0% annualized. Forex traders can compare this to the South African PPI for May, which rose by 0.6% monthly and 7.3% annualized. US Preliminary Durable Goods Orders for June are predicted to rise by 1.0% monthly, and Durables Excluding Transportation to come in flat at 0.0% monthly. Forex traders can compare this to US Durable Goods Orders for May, which rose by 1.7% monthly, and Durables Excluding...