Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney was in dire need of a blockbuster to regain momentum over the weekend. Unfortunately, "Indiana Jones and the Dial of Destiny" fell short of captivating summer audiences and enticing them back to the cinemas. Despite the presence of Harrison Ford reprising his role as the adventurous archaeologist, the fifth installment of this beloved franchise managed to only garner $60 million in ticket sales domestically during its opening weekend. Internationally, it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German Trade Balance for May came in at a €14.4B. Economists predicted a figure of €17.5B. Forex traders can compare this to German Trade Balance for April, reported at €16.5B. Exports for May decreased by 0.1% monthly, and Imports expanded by 1.7% monthly. Economists predicted a rise of 0.3% and 3.1%. Forex traders can compare this to Exports for April, which rose by 1.0% monthly, and Imports, which decreased by 0.1% monthly. The Spanish Unemployment Change...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Volatility is an inherent characteristic of the stock market, akin to the inseparable combination of peanut butter and jelly. Even the market's most successful players, such as electric vehicle (EV) and technology giant Tesla, are not immune to its effects. Over the past three years alone, Tesla has experienced significant highs followed by declines of at least 25%, including a staggering 75% drop that it is still recovering from. Charlie Munger, Warren Buffett's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Judo Bank Manufacturing PMI for June came in at 48.2. Economists predicted a figure of 48.6. Forex traders can compare this to the Australian Judo Bank Manufacturing PMI for May, reported at 48.4. Australian ANZ Job Advertisements for June dropped 2.5% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for May, which were flat at 0.0% monthly. Australian TD Securities Inflation for June increased by 0.1% monthly. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Smart investors are well aware of three key aspects concerning Apple, the tech giant that always grabs Wall Street's attention. With a staggering market cap of $2.9 trillion, making it the world's most valuable company, Apple continues to dominate headlines throughout 2023. Notable developments include their strategic plans to shift manufacturing away from China, the introduction of their groundbreaking virtual/augmented reality (VR/AR) headset, and their venture into...