Source: PaxForex Premium Analytics Portal, Fundamental Insight The debt ceiling debate in the US overtook inflationary concerns this week, and traders focused on news of a breakthrough in bipartisan talks. Regardless of the drama surrounding debt talks, which Democrats and Republicans use to strengthen support among their voter base, both parties always agree to increase it. The same will happen over the next few weeks, even if the agreement to raise or suspend the debt ceiling comes on the eve of default. The destructive pattern of living...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since January 1st, Microsoft's stock has surged by nearly 30%, bolstered by the company's foray into artificial intelligence (AI) - a technology that has the potential to revolutionize numerous industries in the years ahead, and one that has left Wall Street bullish. With established brands like Office, Windows, Azure, and Xbox, Microsoft's stock is already an attractive investment. However, the growing influence of AI has further increased its potential, making it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The stock price of AT&T has been declining for the past decade, leading many investors to perceive it as a cheap stock. However, investors should not solely focus on price, but also on the value they can receive from the stock. Despite the decline, AT&T still offers a substantial dividend yield of 6.5%, providing a solid foundation for investment returns. The question remains whether AT&T's business can generate the growth needed to improve the stock price. To...
Source: PaxForex Premium Analytics Portal, Fundamental Insight British Pound traders will get a speech by Bank of England Monetary Policy Committee (MPC) Member Pill, followed by the Bank of England Monetary Policy Committee Treasury Hearings and the Bank of England Quarterly Bulletin. All three events could move the British Pound as Forex traders await clues on future monetary policy changes. The UK economy continues to underperform as inflation remains stubbornly high, extending the cost of living crisis. US Initial Jobless Claims for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Japanese GDP for the first quarter rose by 0.4% quarterly and 1.6% annualized. Economists predicted an increase of 0.1% and 1.7% annualized. Forex traders can compare this to the Japanese GDP for the fourth quarter, which was flat at 0.0% quarterly and decreased by 0.1% annualized. Preliminary Private Consumption for the first quarter rose by 0.6% quarterly, preliminary Capital Expenditure by 0.9% quarterly, and preliminary External Demand decreased by 0.3%...