Source: PaxForex Premium Analytics Portal, Fundamental Insight The German Trade Balance for January is predicted at €11.0B. Forex traders can compare this to German Trade Balance for December, reported at €10.0B. Exports for January are predicted to increase by 1.5% monthly, and Imports by 2.0% monthly. Forex traders can compare this to Exports for July, which contracted 6.3% monthly, and Imports by 6.1% monthly. French Industrial Production for January is predicted to increase by 0.1% monthly. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The S&P 500 has increased slightly at the start of 2023 but remains significantly lower than its peak over a year ago, and many high-quality stocks are in a similar situation, attempting to recover from the gains made over the past couple of years. One such enterprise is Home Depot, a large home-improvement retailer that witnessed an increase in revenue in fiscal 2020 and fiscal 2021 but is now experiencing a substantial slowdown that investors need to consider. The Home...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In the eyes of some investors, the last good reason to own Intel has disappeared. Management cut its quarterly dividend from $0.365 to $0.125 to fund its long-term strategy, reducing the yield from 5.8% to just 2%. Is Intel stock worth owning after the catalyst is gone? Let's try to find out. Another interesting thing about the dividend story is that less than a month ago CFO Dave Zinsner was asked about dividend safety at the company's quarterly shareholder meeting....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Spanish Unemployment Change for February is predicted at 11.5K. Forex traders can compare this to the Spanish Unemployment Change for January, reported at 70.7K. The Italian Unemployment Rate for January is predicted at 7.8%. Forex traders can compare this to the Italian Unemployment Rate for December, reported at 7.8%. The Preliminary Italian CPI for February is predicted to expand 0.1% monthly and 8.8% annualized. Forex traders can compare this to the Italian CPI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Alibaba, the Chinese e-commerce and cloud giant, recently released its Q3 FY2023 report, showing a 2% YoY rise in revenue to ¥247.8bn ($35.9bn), beating analyst estimates by $40m. The company's adjusted net income rose 12% to ¥49.9bn ($7.2bn), or $2.79 per ADS, surpassing consensus estimates by $0.39. Despite this positive earnings growth, the stock price remains over 70% below its all-time high of October 2020, and the question arises whether this presents a buying...