Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for May rose by 0.3% monthly and contracted by 2.1% annualized. Economists predicted a decrease of 0.2% and 2.6%. Forex traders can compare this to UK Retail Sales for April, which rose by 0.5% monthly and dropped by 3.4% annualized. UK Core Retail Sales for May expanded by 0.1% monthly and declined by 1.7% annualized. Economists predicted a decrease of 0.3% and 2.1%. Forex traders can compare this to UK Core Retail Sales for April, which expanded by 0.7% monthly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight A year ago, Pfizer enjoyed significant success in the market, achieving remarkable sales due to its COVID-19 products. However, as the World Health Organization (WHO) no longer considers the pandemic a global health crisis, this particular market has become significantly less profitable for the pharmaceutical giant. Consequently, Pfizer's shares have already declined by 21% year to date, despite a general recovery in broader equities following a downturn. The market tends...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss National Bank Sight Deposit Interest Rate is predicted at 1.75%, up 25 basis points. Forex traders can compare this to the previous Swiss National Bank Sight Deposit Interest Rate, reported at 1.50% after the SNB raised it by 50 basis points. It followed previous interest rate increases of 50 basis points, 75 basis points, and 50 basis points. Switzerland maintains the second-lowest interest rates, trailing only Japan and its negative rates, in G10 economies. Traders...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla's shares have been on a remarkable upward trajectory as of late, exhibiting a predominantly one-directional movement. The recent adoption of Tesla's North American Charging Standard (NACS) by Rivian Automotive, an electric vehicle company, provided yet another significant boost to this growth stock. Over the past 30 days, Tesla's stock has skyrocketed an astonishing 49%. While shareholders undoubtedly find great satisfaction in their remarkable gains, some may...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for May is predicted to increase by 0.5% monthly and 8.4% annualized. Forex traders can compare this to the UK CPI for April, which rose 1.2% monthly and 8.7% annualized. The Core CPI for May is predicted to expand by 0.6% monthly and 6.8% annualized. Forex traders can compare this to Core CPI for April, which increased 1.3% monthly and 6.8% annualized. The UK PPI Input for May is predicted to drop by 0.5% monthly and rise by 1.2% annualized. Forex traders can...