Source: PaxForex Premium Analytics Portal, Fundamental Insight May is a significant month for Home Depot as it experiences a surge in customer traffic due to the rise in temperatures and energetic spending on home improvement products. This spike in demand during the springtime typically drives the chain's highest sales-volume weeks of the year. Additionally, investors receive a crucial update during this period as Home Depot's fiscal first-quarter report arrives just as the spring-demand spike begins. With the announcement set for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Italian CPI for April is predicted to rise by 0.5% monthly and 8.3% annualized. Forex traders can compare this to the Italian CPI for March, which contracted by 0.4% monthly and surged 7.6% annualized. The Final Italian Harmonized CPI for April is predicted to accelerate by 1.0% monthly and 8.8% annualized. Forex traders can compare this to the Italian Harmonized CPI for March, which rose by 0.8% monthly and surged 8.1% annualized. The German ZEW Survey Current...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite the overall decline in the market since early 2022, the stock of McDonald's is reaching new highs this year, and it's not difficult to understand why Wall Street is currently enamored with the Golden Arches. Despite consumers reducing spending in other areas, McDonald's is experiencing an acceleration in sales growth, and its profitability is also reaching new heights. In this context, let's examine the fast food giant's operational performance in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for April was reported at 49.8, and the New Zealand Performance of Composite Index at 48.5. Forex traders can compare this to the New Zealand Performance of Services Index for March, reported at 53.8, and the New Zealand Performance of Composite Index at 50.0. The Japanese PPI for April increased by 0.2% monthly and 5.8% annualized. Forex traders can compare this to the Japanese PPI for March, which rose by 0.1% monthly and 7.4%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Berkshire Hathaway, the investment company led by Warren Buffett, has a reputation for investing in leading companies and holding positions for extended periods. While many of their top picks are traditional and conservative businesses, they have also recently found value in other areas. One of their most notable investments is in Apple, which constitutes an enormous 46.5% of their public equity holdings. Another significant story has been Berkshire's acquisition of oil and...