Source: PaxForex Premium Analytics Portal, Fundamental Insight U.S. telecommunications company AT&T has had an eventful year. It got rid of its entertainment assets to become solely a telecommunications business and cut dividends to help improve its financial situation. Investors have yet to appreciate the company's efforts, with shares down 10 percent since January and 40 percent over the past decade. Understandably, you can look at such a long streak of poor results and quickly move on to something else. But if you're willing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Westpac Consumer Confidence for the third quarter came in at 87.6. Forex traders can compare this to New Zealand Westpac Consumer Confidence for the second quarter, reported at 78.7. The New Zealand Trade Balance for August came in at -NZ$2,447M monthly and at -NZ$12,280M annualized. Forex traders can compare this to the New Zealand Trade Balance for July, reported at -NZ$1,406M monthly and -NZ$11,970M annualized. Exports for August came in at NZ$5.48B and Imports...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Chevron has already become synonymous with "big oil company". CVX, with a capitalization of $314.40 billion, is one of the world's oil giants. It operates in many countries around the world in the segment of exploration and production, as well as refining and marketing of energy and chemical products. The company has increased its oil production targets by 3.5 million barrels per day by 2026. Despite inflation and consumers' difficulties in buying fuel,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Public Sector Net Borrowing for August came in at £11.060B, and UK Public Sector Net Cash Requirements at £5.321B. Forex traders can compare this to UK Public Sector Net Borrowing for July, reported at £2.110B, and to UK Public Sector Net Cash Requirements, reported at -£5.087B. The South African CPI for August is predicted to increase by 0.1% monthly and 7.5% annualized. Forex traders can compare this to the South African CPI for July, which rose 1.5...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tech giant Meta Platforms has lost more than half of its value in the past year. Part of that drop was due to rising interest rates and macroeconomic factors, but investors also seem to have lost faith in company's long-term growth. Should investors treat Meta as "dead money" or an undervalued reversal play? Let's look at both versions to make up our minds. Pessimists are sure that Meta will continue to face headwinds for several reasons: Its advertising...