Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of August 3rd are predicted at 240K, and US Continuing Claims for the week of July 27th at 1,870K. Forex traders can compare this to US Initial Jobless Claims for the week of July 27th, reported at 249K, and US Continuing Claims for the week of July 20th, reported at 1,877K. US Final Wholesale Inventories for June are predicted to increase by 0.2% monthly. Forex traders can compare this to US Wholesale Inventories for May, which rose 0.2%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Many tech companies are currently championing artificial intelligence (AI), but few can claim the longstanding history of International Business Machines, which began exploring AI in the 1950s. In the present day, IBM primarily focuses on the dual technologies of AI and cloud computing, with these sectors projected to be enormous markets worth $184 billion and $676 billion, respectively, in 2024. Given the rapid expansion of the AI market and IBM's extensive experience,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel has faced numerous challenges over the past decade. Once the dominant force in the chip industry and a preferred supplier for many tech companies, Intel has struggled to maintain its relevance amid increasing competition. As a result, its stock has declined by 40% since 2014. Recently, however, Intel has started to make a comeback. The company has introduced a new line of AI-enabled chips, responding to the booming artificial intelligence (AI) market. These chips are...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Global Dairy Price Index for August increased by 0.5%. Forex traders can compare this to the New Zealand Global Dairy Price Index for July, which rose 0.4%. The New Zealand Unemployment Rate for the second quarter was at 4.6%. Economists predicted an Unemployment Rate of 4.7%. Forex traders can compare this to the unemployment rate for the first quarter, which was reported at 4.4%. The Employment Change for the second quarter rose by 0.4%. Economists...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian ANZ Job Advertisements for July dropped 3.0% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for June, which decreased 2.7% monthly. Australian Building Approvals for June plunged by 6.5% monthly, and Private House Approvals decreased by 0.5% monthly. Economists predicted a drop of 6.5% and 0.5%. Forex traders can compare this to Australian Building Approvals for May, which surged 5.5% monthly, and Private House Approvals, which rose 1.9...