Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Performance of Manufacturing Index for September came in at 50.2. Forex traders can compare this to the Australian AiG Performance of Manufacturing Index for August at 49.3. Australian ANZ Job Advertisements for September contracted 0.5% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for August, which rose 2.0% monthly. Australian Building Approvals for August surged 28.1% monthly, and Private House Approvals increased 4.1%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In April 2020, Amazon's market value exceeded Apple's for a time. Back then, these two tech behemoths were worth around $1.2 trillion. But today Amazon is still worth $1.2 trillion, while Apple's market value has roughly doubled to $2.4 trillion. Let's break down why Apple is so far ahead of Amazon - and whether Amazon can catch up by 2025. In early 2020, Amazon seemed like a more appealing investment than Apple. Amazon's e-commerce and cloud business had...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian CBA Manufacturing PMI for September came in at 53.5. Economists predicted a figure of 53.9. Forex traders can compare this to the Australian CBA Manufacturing PMI for August reported at 53.8. Australian TD Securities Inflation for September increased 0.5% monthly. Forex traders can compare this to Australian TD Securities Inflation for August, which decreased 0.5% monthly. The Tankan Large Manufacturers Index for the third quarter came in at 8, and the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson is one of the greatest names in health care. The company is known for brands such as Tylenol, Benylin, and Aveeno. The company makes a wide range of drugs in various therapeutic areas, including oncology, immunology, infectious diseases, neurology, and others. The company also manufactures medical devices, including orthopedic products. This diversification has given the company some resilience to recent market turmoil. J&J stock fell a modest 3% year-...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Bank Lending for August came in at S$842.8 billion. Forex traders can compare this to Singapore Bank Lending for July, reported at S$838.0 billion. US Personal Income for August is predicted to increase 0.3% monthly, and Personal Spending by 0.2% monthly. Forex traders can compare this to Personal Income for July, which rose 0.2% monthly, and to Personal Spending, which increased 0.1% monthly. The PCE Core Deflator for August is predicted to increase 0.5% monthly and...