Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final UK S&P Global/CIPS Services PMI for December is predicted at 50.0, and the Final UK S&P Global/CIPS Composite PMI at 49.0. Forex traders can compare this to the UK S&P Global/CIPS Services PMI for November, reported at 48.8, and the UK S&P Global/CIPS Composite PMI at 48.2. The US ADP Employment Change for December is predicted at 150K. Forex traders can compare this to the US ADP Employment Change for November, reported at 127K. US Initial Jobless...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Low-beta stocks tend to be less volatile than the broad stock market, making them popular with conservative investors when the market gets choppy. U.S. telecommunications company Verizon Communications, however, has had an unusually volatile year. Despite a beta factor of just 0.3, the stock has fallen more than the S&P 500 in this bear market, 36% from its high and 24% over the past year. Verizon's fall is not entirely undeserved, but we shouldn't be so quick to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Foreign Buying of Japanese Bonds for the period ending December 24th came in at -¥459.5B, and Foreigners Buying of Japanese Stocks at -¥265.1B. Forex traders can compare this to Foreign Buying of Japanese Bonds for the period ending December 17th, reported at -¥941.4B, and Foreigners Buying of Japanese Stocks at -¥668.8B. The UK BRC Shop Price Index for December increased by 7.3% annualized. Forex traders can compare this to the UK BRC Shop Price Index for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last year was a terrible year for Alphabet stock. The tech giant's stock tanked 40%, mirroring the poor performance of most of its peers in the tech business. Looking back over the past year, nonetheless, it's clear that the proverbial punishment doesn't quite measure up to the crime. In other words, while last year certainly created new problems for Google and YouTube's parent company, the market has overreacted. Alphabet still has room to grow. Investors...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Judo Bank Manufacturing PMI for December came in at 50.2. Economists predicted a figure of 53.9. Forex traders can compare this to the Australian Judo Bank Manufacturing PMI for November, reported at 51.3. Australian Commodity Prices for December surged 15.6% annualized. Forex traders can compare this to Australian Commodity Prices for November, which sky-rocketed by 19.1. The Chinese Caixin Manufacturing PMI for December came in at 49.0. Economists...