Source: PaxForex Premium Analytics Portal, Fundamental Insight Italian Industrial Production for April is predicted to increase by 0.1% monthly and drop by 4.1% annualized. Forex traders can compare this to Italian Industrial Production for March, which contracted 0.6% monthly and 3.2% annualized. Spanish Consumer Confidence for May is predicted at 69.6. Forex traders can compare this to Spanish Consumer Confidence for April, reported at 73.0. The Canadian Employment Report for May is predicted to show the addition of 23.2K jobs and an...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite the broader market's surge in 2023, Coca-Cola shares have experienced a price decline. Currently trading close to the pre-pandemic level of around $60 per share, this weak performance suggests that Wall Street has modest expectations for sales and earnings growth in the near term, particularly if consumer spending slows down and a recession looms. However, even amidst these conditions, Coca-Cola holds the potential to deliver impressive returns over the long run....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Japanese Current Account Balance for April came in at ¥1.895T and the Preliminary Japanese Adjusted Current Account Balance at ¥1.900T. Forex traders can compare this to the Japanese Current Account Balance for March, reported at ¥2.278T, and to the Japanese Adjusted Current Account Balance at ¥1.010T. Japanese Bank Lending for May increased by 3.4% annualized. Economists predicted a rise of 3.1%. Forex traders can compare this to Japanese Bank...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Microsoft has been experiencing a remarkable surge in 2023, driven by the resurgence of technology stocks. The company's shares have risen by nearly 40% this year, surpassing the 11% gain of the S&P 500 index. This is a significant turnaround from its performance in 2022 when the stock experienced a decline of nearly 29%. The success of Microsoft can be attributed to its focus on artificial intelligence (AI) and consistently strong financial results. Additionally, the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Construction Index for May came in at -6.6. Forex traders can compare this to the Australian AiG Construction Index for April, reported at -12.4. The AiG Manufacturing Index came in at -5.1, and the AiG Industry Index at -10.9. Forex traders can compare this to the AiG Manufacturing Index for April, reported at -20.2, and the AiG Industry Index at -20.1. The Australian GDP for the first quarter expanded 0.2% quarterly and 2.3% annualized. Economists predicted...