Source: PaxForex Premium Analytics Portal, Fundamental Insight The Reserve Bank of New Zealand raised interest rates by 50 basis points to 5.25%. Economists predicted a 25 basis point hike. Forex traders can compare this to the Reserve Bank of New Zealand's previous interest rate decision, where the RBNZ hiked rates by 50 basis points to 4.75%. It marks the eleventh consecutive tightening in monetary policy to combat sticky inflation as the economy slows, and consumers increase their debt. The RBNZ emerged as one of the most hawkish...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German Trade Balance for February came in at a €16.0B. Economists predicted a figure of €17.0B. Forex traders can compare this to German Trade Balance for January, reported at €16.0B. Exports for February increased by 4.0% monthly, and Imports rose by 4.6% monthly. Economists predicted a rise of 1.6% and 1.0%. Forex traders can compare this to Exports for January, which expanded by 2.5% monthly, and Imports which decreased by 1.4% monthly. The Spanish...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With a fairly attractive P/E ratio and negative earnings per share over the past twelve months, it seems that something is seriously wrong with AT&T, once a great telecommunications company. Is it safe to say that we are now witnessing a tipping point that is worth your hard-earned investment dollars, or should you stay away from AT&T's sinking boat? Recent analyst comments have only added to the gloomy atmosphere surrounding AT&T stock. Analyst firm...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Tankan Large Manufacturers Index for the first quarter came in at 1, and the Tankan Large Manufacturers Outlook at 3. Economists predicted a figure of 3 and 4. Forex traders can compare this to the Tankan Large Manufacturers Index for the fourth quarter, reported at 7, and the Tankan Large Manufacturers Outlook at 6. The Tankan Large Non-Manufacturers Index for the first quarter was reported at 20, and the Tankan Large Non-Manufacturers Outlook at 15. Economists predicted a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Disney has not long ago re-engaged its longtime CEO, Bob Iger, who has retired and returned to his former duties. He plans to do something equally meaningful for shareholders by reinstating the dividend payout later this year. This is a big deal, even for investors who don't care much about dividend income. Let's break down why Disney's decision to reinstate the dividend represents a huge boost that investors and traders shouldn't overlook. Like many other...