Source: PaxForex Premium Analytics Portal, Fundamental Insight Many investors may have been pessimistic before the latest bank earnings reports came out, but the first few reports were generally quite positive. JPMorgan Chase, the largest U.S. bank by assets, reported third-quarter earnings that beat analysts' estimates. The bank also reported that its credit quality is at a high level, although the situation may deteriorate in the future. While activity in some business segments, such as investment banking, remains subdued, other...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand CPI for the third quarter rose 2.2% quarterly and 7.2% annualized. Economists predicted an increase of 1.6% and 6.6%. Forex traders can compare this to the New Zealand CPI for the second quarter, which expanded 1.7% quarterly and 7.3% annualized. New Zealand RBNZ Offshore Holdings for September came in at 53.2%. Forex traders can compare this to New Zealand RBNZ Offshore Holdings for August, reported at 53.6%. The Italian Trade Balance for August is predicted...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Italian CPI for September is predicted to expand 0.3% monthly and 8.9% annualized. Forex traders can compare this to the Italian CPI for August, which rose 0.8% monthly and 8.4% annualized. The Preliminary Italian Harmonized CPI for September is predicted to rise 1.7% monthly and 9.5% annualized. Forex traders can compare this to the Italian Harmonized CPI for August, which increased 0.9% monthly and 9.1% annualized. Financial markets closed a wild week last...
Source: PaxForex Premium Analytics Portal, Fundamental Insight During 2022, investors are trying to avoid technology stocks as rising inflation has driven down consumer spending. This has called into question the financial prospects of some of the world's most expensive companies. Apple's stock price has dropped more than 20% since the beginning of this year, but numerous other companies have plunged much more. For instance, shares of AMD and Nvidia, the leaders in PC components, have fallen about 60 percent in the same period....
Source: PaxForex Premium Analytics Portal, Fundamental Insight It was a week of price increases at Disney World. The big news on Tuesday was the switch of the Genie+ premium queue booking platform from a flat fee to a more expensive demand-based pricing strategy. That wasn't the only price increase. This week, the prices of many character lunches went up sharply; Reusable cups sold at resorts went up by 10%; Non-alcoholic beverage prices went up. Genie+'s move away from a flat rate also coincided with Lightning Lane's...