Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand retail sales for the second quarter dropped by 1.2% quarterly, and New Zealand core retail sales decreased by 1.0% quarterly. Economists predicted a contraction of 1.0% and 0.8%. Forex traders can compare this to New Zealand retail sales for the first quarter, which rose by 0.4% quarterly, and New Zealand core retail sales, which increased by 0.3% quarterly. New Zealand retail sales for the second quarter plunged by 3.6% annualized. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Are you contemplating an investment in Home Depot stock? Current potential buyers face a bit of a dilemma. While shares are still below their pandemic-era peak from late 2021, they have surged 30% since October's low. However, with a forward-looking price-to-earnings (P/E) ratio of 24, the stock is trading at a premium compared to its historical average. Is it too late to invest in Home Depot? For those with a long-term perspective, the answer is likely no. The company is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary French HCOB Manufacturing PMI for August is predicted at 44.4, the Preliminary French HCOB Services PMI at 50.2, and the Preliminary French HCOB Composite PMI at 49.1. Forex traders can compare this to the French HCOB Manufacturing PMI for July, reported at 44.0, the French HCOB Services PMI at 50.1, and the French HCOB Composite PMI at 49.1. The Preliminary German HCOB Manufacturing PMI for August is predicted at 43.4, the Preliminary German HCOB Services PMI...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Chevron offers a compelling case as an energy investment, particularly due to its strong dividend, which has been increased annually for 37 years and currently yields 4.4%. With the stock trading more than 20% below its recent highs, you might be wondering whether now is the right time to buy Chevron. Here are some key factors to weigh before making your decision. To start, Chevron is classified as an integrated energy company, meaning it operates across multiple segments of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Canadian Industrial Product Price Index for July is predicted to decrease by 0.3% monthly, and the Canadian Raw Materials Price Index is predicted to contract by 0.7% monthly. Forex traders can compare this to the Canadian Industrial Product Price Index for June, which came in flat at 0.0% monthly, and to the Canadian Raw Materials Price Index, which dropped by 1.4% monthly. The Canadian New Housing Price Index for July is predicted flat at 0.0% monthly. Forex traders can...