Source: PaxForex Premium Analytics Portal, Fundamental Insight When a company with an iconic name like 3M is struggling, it's worth at least taking a look at what is happening and why. You might like what you see, or you might not, but it's better to know than to look back and regret not giving it the attention it deserves. Let's analyze what good and bad can be said about 3M today. 3M has increased its dividend every year for over six decades. That makes it an elite dividend king. What adds to the appeal is that the stock'...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Spanish GDP for the fourth quarter is predicted to increase by 0.2% quarterly and 2.7% annualized. Forex traders can compare this to the Spanish GDP for the third quarter, which rose by 0.1% quarterly and 4.4% annualized. The Preliminary French S&P Global Manufacturing PMI for February is predicted at 48.0, the Preliminary French S&P Global Services PMI at 52.5, and the Preliminary French S&P Global Composite PMI at 51.8. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Lately, the stock market rarely gives us good news. Even some of the most seemingly resilient companies have faced serious challenges in the past year. In many cases, economic factors, such as rising inflation, have negatively impacted companies' earnings and appetite for stocks. But there is good news: there is reason to believe that a bull market is coming. History tells us that such periods of rising stocks always follow bear markets. The only thing unknown is the exact...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss National Bank Sight Deposit Interest Rate is predicted at 1.50%. Forex traders can compare this to the previous Swiss National Bank Sight Deposit Interest Rate, reported at 1.00%. It will mark the fourth consecutive interest rate increase since the Swiss central bank surprised markets with its first hike in June 2022. Since last weekend’s shotgun wedding and forced takeover of Credit Suisse by UBS, creating on Swiss financial behemoth with 5+ trillion in assets,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Even though the whole world is facing serious macroeconomic and geopolitical problems, especially high inflation and rising interest rates, some things never change. For instance, people buying groceries at Walmart is one of those things. The stock price of the world's largest retailer by revenue is down 13 percent from its all-time high last April. Is now a suitable time to buy stock in hopes of a rebound? Or is it better to hold back? In the fiscal year 2022 (which ended...