Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for June increased by 0.1% monthly and 7.9% annualized. Economists predicted a rise of 0.4% and 8.2%. Forex traders can compare this to the UK CPI for May, which rose by 0.7% monthly and 8.7% annualized. The UK Core CPI for June expanded by 0.2% monthly and 6.9% annualized. Economists predicted an increase of 0.4% and 7.1%. Forex traders can compare this to the UK CPI for May, which rose by 0.8% monthly and 7.1% annualized. The UK PPI Input for June decreased by 1.3...
Source: PaxForex Premium Analytics Portal, Fundamental Insight JPMorgan Chase has demonstrated exceptional management and foresight in recent years. In 2021, the bank proactively started building up cash reserves in anticipation of a potential rise in interest rates. This strategic fiscal approach allowed them to seize a valuable opportunity to acquire First Republic Bank on favorable terms after federal regulators took over the bank earlier this year. The fruition of their foresight and strong leadership became evident in the second...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Retail Sales for June are predicted to increase by 0.5% monthly and Core Retail Sales by 0.3% monthly. Forex traders can compare this to US Retail Sales for May, which rose by 0.3% monthly, and Core Retail Sales by 0.1% monthly. Retail Sales Less Autos and Gas for June are predicted flat at 0.0% monthly, and Retail Sales in the Control Group to decrease by 0.3% monthly. Forex traders can compare this to Retail Sales Less Autos and Gas for May, which increased by 0.4% monthly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon's stock has been soaring in 2023, boasting a remarkable 56% increase, outperforming the Nasdaq Composite's gain of 33%. This impressive performance has caught the attention of investors, leading many to consider this prominent tech giant as a potential investment option. Despite currently being 30% below its all-time high, there are three compelling reasons why Amazon remains an enticing investment opportunity. Firstly, with a market capitalization surpassing $1....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for June came in at 50.1, and the New Zealand Performance of Composite Index at 48.9. Forex traders can compare this to the New Zealand Performance of Services Index for May, reported at 53.1, and the New Zealand Performance of Composite Index at 50.7. The Chinese GDP for the second quarter increased by 0.8% quarterly and 6.3% annualized. Economists predicted a rise of 0.5% quarterly and 7.3% annualized. Forex traders can compare...