Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss KOF Leading Indicator for August is predicted at 100.6. Forex traders can compare this to the Swiss KOF Leading Indicator for July, reported at 101.0. US Personal Income for July is predicted to increase by 0.2% monthly and Personal Spending by 0.5% monthly. Forex traders can compare this to Personal Income for June, which rose by 0.2% monthly, and Personal Spending by 0.3% monthly. The PCE Deflator for July is predicted to expand by 0.2% monthly and 2.6% annualized....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Boeing’s stock has taken a hit, down over 22% in 2024. It's been another tough year for the aerospace giant, with investors disappointed by the company's ongoing struggles. However, while Boeing’s present may seem bleak, there's a compelling argument for its future under the leadership of its new CEO, Kelly Ortberg. Let’s dive into the bear and bull perspectives on Boeing’s prospects. The Bear Case: Challenges Abound Boeing's troubles...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Capital Expenditure for the second quarter dropped 2.2% quarterly. Economists predicted a rise of 0.9%. Forex traders can compare this to Australian Private Capital Expenditure for the first quarter, which accelerated 1.9% quarterly. Australian Building Capital Expenditure for the second quarter plunged by 3.8% quarterly, and Australian Plant & Machinery Capital Expenditure decreased by 0.5% quarterly. Forex traders can compare this to Australian Building...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola is one of the most recognizable brands globally, having maintained a leading position in the soft drink industry for years due to its extensive product lineup and global reach. However, its recent performance has been less favorable for investors. In the past five years, Coca-Cola has produced a total return of just 47%. In comparison, the S&P 500 has more than doubled investor capital during the same period. Looking ahead, the future prospects for Coca-Cola...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson, a major player in the global healthcare industry, boasts a notable history of innovation, robust financial performance, and strong stock market results. However, recent challenges have raised concerns about its ability to maintain past successes. One significant challenge is the Inflation Reduction Act (IRA), a new US law that allows Medicare to negotiate prices for certain pharmaceutical drugs. The initial round of negotiations is complete, and the...