Source: PaxForex Premium Analytics Portal, Fundamental Insight While tech stocks have generally had a bad time in 2022, IBM's centennial company has brought investors some pretty good results. From its pandemic low at the beginning of 2020, IBM stock has increased more than 50 percent. The stock is slowly gaining momentum after hitting a bottom, while other tech stocks skyrocketed and then crashed spectacularly, wiping out the gains of the pandemic days. Even though IBM was the best performer last year, investors can still buy the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Spanish Unemployment Change for December is predicted at -40.3K. Forex traders can compare this to the Spanish Unemployment Change for November, reported at -33.5K. The Spanish Manufacturing PMI for December is predicted at 46.2. Forex traders can compare this to the Spanish S&P Global Manufacturing PMI for November, reported at 45.7. The Italian Manufacturing PMI for December is predicted at 48.5. Forex traders can compare this to the Italian S&P Global/ADACI...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Many digital tokens have fallen 90% or more this year. Even the largest cryptocurrencies have not been spared from this collapse: the price of Ethereum has fallen by almost 70% this year. But there still seems to be hope in the hearts of some crypto investors. They know that winter doesn't last forever, and they believe a new season could bring a powerful rebound for the strongest cryptocurrencies. Could Ethereum reach $10,000 in 2023? Let's face it right away,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight South African M3 Money Supply for November surged by 8.76% annualized. Economists predicted an increase of 8.45%. Forex traders can compare this to South African M3 Money Supply for October, which rose by 9.82% annualized. Private Sector Credit for November expanded by 8.30% annualized. Economists predicted an increase of 9.05%. Forex traders can compare this to Private Sector Credit for October, which rose by 9.34% annualized. The South African Trade Balance for November is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight This has been an extremely difficult year for Amazon shareholders. After skyrocketing in the early stages of the pandemic, when store closings and other COVID-related restrictions forced people to shop online, the e-commerce giant's stock price bounced back in 2022. After several quarters of slowing growth, Amazon stock is down almost 50% over the past year. Still, Amazon remains one of the most competitive companies in the world. And its long-term growth prospects are much...