Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of January 21st are predicted at 205K, and US Continuing Claims for the week of January 14th at 1,659K. Forex traders can compare this to US Initial Jobless Claims for the week of January 14th, reported at 190K, and US Continuing Claims for the week of January 7th, reported at 1,647K. US Preliminary Durable Goods Orders for December are predicted to increase by 2.5% monthly, and Durables Excluding Transportation to decrease by 0.2% monthly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight After years of lagging behind in terms of profits, Citigroup launched a multi-year transformation plan in early 2021 that includes selling 14 international consumer banking divisions, investing more in more efficient businesses, and modernizing the bank. As you can imagine, a transformation of this magnitude at an organization as large and extensive as Citigroup requires a large investment, which drives up costs. Not only did Citigroup's expenses rise dramatically in 2022,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand CPI for the fourth quarter rose 1.4% quarterly and 7.2% annualized. Economists predicted an increase of 1.3% and 7.1%. Forex traders can compare this to the New Zealand CPI for the third quarter, which expanded 2.2% quarterly and 7.2% annualized. New Zealand Credit Card Spending for December surged 12.4% annualized. Forex traders can compare this to New Zealand Credit Card Spending for November, which sky-rocketed 16.2% annualized. The Australian Westpac...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past two decades, Apple has been one of the most valuable stocks on the market and during that time has become the most expensive company in the world. It has conquered the mobile computing era due to the success of the iPhone and supplemented its device business with a highly profitable ecosystem of services built around the App Store. Like other stocks from the tech sector, however, Apple couldn't escape the 2022 market downturn, and the stock lost more than 25...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Japanese Jibun Bank Manufacturing PMI for January came in at 48.9, the Preliminary Japanese Jibun Bank Services PMI at 52.4, and the Preliminary Japanese Jibun Bank Composite PMI at 50.8. Forex traders can compare this to the Japanese Jibun Bank Manufacturing PMI for December, reported at 48.9, the Jibun Bank Services PMI at 51.1, and the Jibun Bank Composite PMI at 49.7. The German GfK Consumer Confidence Survey for February is predicted at -33.0. Forex traders...