Source: PaxForex Premium Analytics Portal, Fundamental Insight The year 2022 saw a general decline in the value of stocks. As the U.S. market fell about 15% and many individual stocks fell much more, investors had an opportunity to invest profitably in high-quality companies. Alphabet, the parent company of Google, YouTube, and Google Cloud are perfect examples of this. The stock price to EBIT (earnings before interest and taxes) ratio has fallen to one of its lowest levels in 10 years, due to a 27 percent decline in share price since the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand GDP for the second quarter increased 1.7% quarterly and 0.4% annualized. Economists predicted an expansion of 1.0% and 0.2%. Forex traders can compare this to the New Zealand GDP for the first quarter, which decreased 0.2% quarterly and rose 1.2% annualized. The New Zealand GDP Annual Average for the second quarter rose 1.0% quarterly, and GDP Expenditure increased 2.6% quarterly. Economists predicted a rise of 1.0% and 1.4%. Forex traders can compare this to the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight No one doubts that Apple is an amazing company. Since going public in 1980, the company's stock has risen more than 120,000%, not counting dividends. While previous performance cannot predict the future, the famous iPhone maker seems to be well positioned for success in the coming years. Nevertheless, there is a good chance that the activities of this tech giant will change. Not only has the company's product segment reached maturity, but the technology sector is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Current Account Balance for the second quarter came in at -NZ$5.22B quarterly monthly and -NZ$27.82B annualized, with the Current Account-to-GDP Ratio at -7.7%. Economists predicted a figure of -NZ$4.70B, -NZ$26.65B, and -7.4%. Forex traders can compare this to the New Zealand Current Account Balance for the first quarter, reported at -NZ$6.50B quarterly and -NZ$23.27B annualized, with the Current Account-to-GDP Ratio at -6.5%. The Japan Reuters Tankan Index for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for August is predicted at -13.2K. Forex traders can compare this to the UK Jobless Claims Change for July, reported at -10.5K. The UK Employment Change for the tri-monthly period ending in July is predicted at 128K, and the ILO Unemployment Rate is predicted at 3.8%. Forex traders can compare this to the UK Employment Change for June, which came in 160K, and to the ILO Unemployment Rate, reported at 3.8%. Average Weekly Earnings for the tri-monthly...