Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Permanent/Long-Term Migration for June came in at -896. Forex traders can compare this to Permanent/Long-Term Migration for May, reported at -853. External Migration & Visitors for June increased 83.5% monthly. Forex traders can compare this to External Migration & Visitors for May, which rose 26.3% monthly. The final Singapore GDP for the second quarter decreased 0.2% quarterly and increased 4.4% annualized. Economists predicted a flat reading of 0.0% and a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms is still one of the biggest names in the technology industry. Ever since the company shifted its focus to developing its meta-universe project, investors have been questioning the decision and turning down shares. Since the announcement of the name change on October 21, 2021, the share price has fallen by about 50%. The name change itself has little or nothing to do with the price drop. Investors are concerned about the company's performance, which has been...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US CPI for July is predicted to rise 0.2% monthly and 8.7% annualized. Forex traders can compare this to the US CPI for June, which increased 1.3% monthly and 9.1% annualized. The US Core CPI for July is predicted to expand 0.5% monthly and 6.1% annualized. Forex traders can compare this to the US Core CPI for June, which rose 0.7% monthly and 5.9% annualized. US Wholesale Inventories for June are predicted to increase 1.9% monthly, and Wholesale Trade Sales by 0.9% monthly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla recently held its annual meeting in Texas, where shareholders voted in favor of a 3-to-1 stock split. The split itself has not yet been set, but it will be Tesla's second stock split in the last two years, and many investors consider it a favorable development. To be clear, the split has no effect on the market value of the company, the intrinsic value of the stock, or important fundamentals such as profitability. The split simply makes the stock more affordable by...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Financial markets show signs of an end to the bear market rally, and economic data continues to paint a mixed picture. Confidence data shows depressed levels, and while inflationary expectations began to ease moderately, they remain high by historic standards. Companies continue to issue profit warnings, lower guidance, announce layoffs, and a decrease in demand across the board. Central banks continue to increase interest rates, raising borrowing costs in a debt-heavy economy,...