Source: PaxForex Premium Analytics Portal, Fundamental Insight Reportedly Tesla is about to recall more than 350,000 vehicles supplied with driver assistance software in reaction to government worries that the system could provoke accidents. At first glance, the fix seems relatively simple. But it involves software that Musk said last year was "vital" to the company's survival. Of course, it could open the door to further questions about Tesla's autopilot systems. Investors have no reason to get tid of TSLA stock based...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for January came in at $6.303B. Forex traders can compare this to the Singapore Balance for December, reported at $5.510B. Non-Oil Exports for January rose by 0.9% monthly and collapsed by 25.0% annualized. Economists predicted a drop of 1.2% and 22.0%. Forex traders can compare this to Non-Oil Exports for December, which plunged by 2.9% monthly and 20.6% annualized. UK Retail Sales for January are predicted to decrease by 0.3% monthly and by 5.5%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight This year has started positively for crypto investors as many cryptocurrencies rising in the past few weeks. Ethereum is now up more than 26% in 2023, after falling nearly 68% during last year. This increase is encouraging for investors, bringing hope that maybe the worst scenario of this crypto-winter is in the rearview mirror. Ethereum was recently priced at just under $1,500 per token. However, many investors are hopeful about its potential, and there is a possibility that...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Consumer Inflation Expectations for February increased by 5.1% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for January, which rose 5.6% annualized. The Australian Employment Change for January came in at -11.5K, and the Unemployment Rate at 3.7%. Economists predicted a figure of 20.0K and 3.5%. Forex traders can compare this to the Australian Employment Change for December, reported at -19.9K, and the Unemployment Rate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Alphabet's Google search engine is known to dominate the competition. In fact, in 2021, the top search query on Microsoft's Bing search engine was "google. However, many investors wondered whether Alphabet's reign was coming to an end after Microsoft began introducing new Bing features based on OpenAI technology (the creators of ChatGPT). Is that really the case? Or can Alphabet still maintain its position in the market? Let's look into it. When Microsoft...