Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Business PMI for September came in at 52.0. Forex traders can compare this to the New Zealand Business PMI for August, reported at 54.8. The Chinese PPI for September rose 0.9% annualized, and the Chinese CPI by 2.8% annualized. Economists predicted an increase of 1.0% and 2.8%. Forex traders can compare this to the Chinese PPI for August, which expanded by 2.3% annualized, and the Chinese CPI, which rose 2.5% annualized. US Retail Sales for September are...
Source: PaxForex Premium Analytics Portal, Fundamental Insight This has been an extremely tough year for investors. Not only has the stock market, as measured by the S&P 500 Index, fallen almost 25 percent in 2022, but the value of cryptocurrencies has also declined. The weakening economy, spurred on by interest rate hikes by central banks around the world, has caused market participants to shy away from risk. The upside, however, is that in such times, astute investors who take a long-term approach can buy assets at a minimal price....
Source: PaxForex Premium Analytics Portal, Fundamental Insight South African Mining Production for August is predicted to decrease by 6.0% monthly. Forex traders can compare this to South African Mining Production for July, which contracted by 8.4%. The US CPI for September is predicted to increase by 0.2% monthly and 8.1% annualized. Forex traders can compare this to the US CPI for August, which rose 0.1% monthly and 8.3% annualized. The US Core CPI for September is predicted to expand 0.5% monthly and 6.5% annualized. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight This year's stock market volatility makes telecom titan AT&T look like an attractive investment. It is a grown, dividend-paying company with a record of solid earnings, providing some stability amid the market turmoil. AT&T's impressive performance over the past few quarters gives it even more reason to invest. However, the company's stock recently hit a 52-week low, and it's not just the overall stock market drop that has pushed the share price down....
Source: PaxForex Premium Analytics Portal, Fundamental Insight EV cars maker Tesla is finally to begin ramping up production of its long-awaited semi-truck, and the first sales are set to start Dec. 1. When the Tesla Semi has introduced back in 2017, the idea was to present it to the market within the following two years. The new all-electric truck with 500 miles of range will be the company's first commercial vehicle, CEO Elon Musk said last week on Twitter. More importantly, the start of production is a signal that some of the...