Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Terms of Trade Index for the first quarter contracted by 1.5% quarterly, and Export Volume rose by 1.0% quarterly. Economists predicted a drop of 1.3% and a flat reading of 0.0%. Forex traders can compare this to the New Zealand Terms of Trade Index for the fourth quarter, which increased 1.5% quarterly, and to Volume, which decreased 2.1%. Export prices for the first quarter dropped by 6.9% quarterly and Import Prices by 5.4%. Economists predicted a decrease of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight HP's stock witnessed a decline of 4% in after-hours trading on May 30 after the company released its latest earnings report. The report revealed that for the second quarter of fiscal 2023, which concluded on April 30, HP's revenue dropped by 22% year over year, amounting to $12.9 billion. This figure fell short of analysts' expectations by $130 million. Additionally, the company's adjusted earnings per share (EPS) experienced a decline of 26% to $0.80, although...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Judo Bank Manufacturing PMI for May came in at 48.4. Economists predicted a figure of 48.0. Forex traders can compare this to the Australian Judo Bank Manufacturing PMI for April, reported at 48.0. Australian Private Capital Expenditure for the first quarter increased by 2.4% quarterly. Economists predicted a rise of 1.3%. Forex traders can compare this to Australian Private Capital Expenditure for the fourth quarter, which accelerated 3.0% quarterly....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the last few months, the stock market for banks has experienced significant fluctuations, driven by various factors such as interest rates, economic conditions, and notable bank failures. However, it is important to recognize that not all banks have been affected in the same way. Despite the volatility, many major banks have managed to navigate through these challenging times and even achieved positive financial results. Among the top performers in the previous quarter,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Sector Credit for April increased by 0.6% monthly and 6.6% annualized. Forex traders can compare this to Australian Private Sector Credit for March, which rose 0.2% monthly and 6.8% annualized. Australian Housing Credit for April increased by 0.3% monthly. Forex traders can compare this to Australian Housing Credit for March, which rose by 0.3% monthly. Australian Construction Work Done for the first quarter decreased by 1.8% quarterly. Forex traders can...