Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final German CPI for April is predicted to increase by 0.4% monthly and 7.2% annualized. Forex traders can compare this to the German CPI for March, which rose by 0.8% monthly and 7.4% annualized. The Final EU Harmonized German CPI for April is predicted to accelerate by 0.6% monthly and 7.6% annualized. Forex traders can compare this to the EU Harmonized German CPI for March, which surged by 1.1% monthly and 7.8% annualized. Italian Industrial Production for March is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In 2023, Walt Disney is dominating the box office once again with the release of Guardians of the Galaxy Vol 3. Despite falling short of its predecessor's $146 million opening, the film still raked in an impressive $114 million in ticket sales during its debut weekend. Thanks to an unexpectedly strong international performance, the movie's worldwide box office earnings reached a whopping $282 million. This success adds to Disney's already impressive record of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight After Bitcoin led the cryptocurrency market to fresh 2023 highs in April, bears regained control and pressured price action lower. While the sell-off has been comparatively small, spanning roughly 3,500 points, downside pressures from a technical and fundamental perspective continue to build. Two of the ongoing issues of Bitcoin, and why it is not a suitable remittance tool that can displace fiat currency while losing out to other cryptocurrencies in the sector, are high...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Microsoft has provided investors with a significant amount of new information about its expansive technology business. In the company's Q3 earnings report, it was revealed that sales growth in its cloud services sector had accelerated, but demand had decreased in its PC business. Despite the 2023 rally of the stock indicating Wall Street's general optimism about the company, the report had elements that pleased both bullish and bearish investors. Let's delve into...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Building Approvals for March decreased by 0.1% monthly and plunged by 17.3% annualized. Forex traders can compare this to Australian Building Approvals for February, which increased 4.0% monthly and collapsed 31.1% annualized. Australian Private House Approvals for March decreased by 2.8% monthly. Forex traders can compare this to Australian Private House Approvals for February, which surged 11.3% monthly. Australian NAB Business Conditions for April came in at 14,...