Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Preliminary GDP for March increased by 0.4% monthly and 0.7% annualized. Economists predicted an expansion of 0.1% and 0.3%. Forex traders can compare this to the GDP for February, which rose 0.5% monthly and decreased 0.2% annualized. The UK Preliminary GDP for the first quarter rose by 0.6% quarterly and 0.2% annualized. Economists predicted an expansion of 0.4% and a flat reading of 0.0%. Forex traders can compare this to the fourth quarter GDP, which contracted 0.3%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight There's ample evidence supporting The Coca-Cola Company as a formidable business entity. It stands as one of the most recognizable brands globally, boasting a track record of consistent dividend payments and increases spanning over six decades. Moreover, it holds a prominent position among Warren Buffett's premier holdings in Berkshire Hathaway. On the surface, it seems like an investment dream come true. However, the correlation between a great company and a lucrative...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Average Cash Earnings for March increased by 0.6% annualized, and Japanese Overtime Pay decreased by 1.5% annualized. Forex traders can compare this to Japanese Average Cash Earnings for February, which rose by 1.4% annualized, and Japanese Overtime Pay, which contracted by 1.6% annualized. The Overall Wage Income for Employees for March rose by 0.6% annualized. Forex traders can compare this to the Overall Wage Income for Employees for February...
Source: PaxForex Premium Analytics Portal, Fundamental Insight McDonald's experienced a temporary dip in its stock price following the release of its first-quarter 2024 earnings, only to swiftly rebound in subsequent trading sessions, indicating a level of confidence among investors. While CEO Chris Kempczinski acknowledged the impact of inflation on consumer behavior, emphasizing that customers are becoming more discerning with their spending, the overall sentiment toward McDonald's remains positive. Interestingly, inflation...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Preliminary Wholesale Inventories for March are predicted to decrease by 0.4% monthly. Forex traders can compare this to US Wholesale Inventories for February, which increased by 0.5% monthly. US Crude Oil Inventories Change for the week ending May 3rd are predicted to drop by 1.430M. Traders can compare this to US Crude Oil Inventories Change for the week ending April 26th, which surged by 7.265M. US Gasoline Inventories Change for the week ending...