Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Unemployment Rate for the first quarter came in at 3.4%. Economists predicted an Unemployment Rate of 3.5%. Forex traders can compare this to the Unemployment Rate for the fourth quarter, reported at 3.4%. The Employment Change for the first quarter came in at 0.8%. Economists predicted a rise of 0.4%. Forex traders can compare this to the Employment Change for the fourth quarter, reported at 0.2% quarterly. The Participation Rate for the first quarter was 72.0...
Source: PaxForex Premium Analytics Portal, Fundamental Insight 3M, a diversified technology company that operates in a cyclical industry, recently reported its first-quarter results. The company's revenue for the quarter was a bit over $8.8 billion, a decline of around 9% compared to the previous year. Similarly, 3M's adjusted earnings per share (EPS) also dropped by a significant 25% year-over-year. While 3M's quarterly results may seem disappointing, it's important to keep in mind that the company is facing headwinds from...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Reserve Bank of Australia increased interest rates by 25 basis points to 3.85%. Economists predicted no change. Forex traders can compare this to the previous Reserve Bank of Australia's interest rate decision, which kept interest rates at 3.60%. The RBA also noted that more hikes are necessary to bring inflation down to its target range between 2.00% and 3.00%, which the central bank predicts will take several years. German Retail Sales for March decreased by 2.4%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the last decade, Apple has proven to be an exceptional investment, with its shares skyrocketing by an astonishing 1,000% since late April 2013. Even legendary investor Warren Buffett has reaped the benefits, as Berkshire Hathaway has been a shareholder for more than seven years. However, with a current market capitalization of $2.6 trillion, investors may be curious about what lies ahead for this dominant enterprise. They may also be pondering the future of Apple's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final US S&P Global Manufacturing PMI for April is predicted at 50.4. Forex traders can compare this to the US S&P Global Manufacturing PMI for March, reported at 49.2. US Construction Spending for March is predicted to rise 0.1% monthly. Forex traders can compare this to US Construction Spending for February, which contracted by 0.1% monthly. The US ISM Manufacturing Index for April is predicted at 46.7, and ISM Prices Paid at 49.0. Forex traders can compare this...