Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Corporate Service Price Index for June increased by 3.0% annualized. Economists predicted a rise of 2.6% annualized. Forex traders can compare this to the Japanese Corporate Service Price Index for May, which rose 2.7% annualized. Foreign Buying of Japanese Bonds for the period ending July 20th came in at -¥730.4B, and Foreigners Buying of Japanese Stocks at -¥49.0B. Forex traders can compare this to Foreign Buying of Japanese Bonds for the period ending...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola, the renowned soft drink company, reported its second-quarter results on Tuesday morning, surpassing Wall Street's expectations in all areas. The company's management further emphasized their optimistic outlook during the earnings call. The announcement briefly propelled Coca-Cola's stock to a new 52-week high, nearing the all-time peak achieved in the summer of 2022. However, for those considering investing, the question remains whether the stock is still...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German GfK Consumer Confidence Survey for August came in at -18.4. Economists predicted a figure of -21.5. Forex traders can compare this to the German GfK Consumer Confidence Survey for July, reported at -21.6. The Preliminary French HCOB Manufacturing PMI for July is predicted at 45.8, the Preliminary French HCOB Services PMI at 49.7, and the Preliminary French HCOB Composite PMI at 48.9. Forex traders can compare this to the French HCOB Manufacturing PMI for June,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Technology investors are likely feeling anxious as second-quarter earnings reports approach. The tech sector has performed well in 2024, driven by the ongoing enthusiasm for artificial intelligence (AI). However, there are concerns that some of the anticipated growth from AI may already be factored into current valuations. Amazon is a stock to watch closely. Despite a 20% increase in its share price this year, Amazon's stock has declined approximately 7% in July. With...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore CPI for June decreased by 0.2% monthly and increased by 2.4% annualized. Economists predicted a contraction of 0.2% and an expansion of 2.7%. Forex traders can compare this to the Singapore CPI for May, which rose 0.7% monthly and 3.1% annualized. The Singapore Core CPI for June increased by 2.9% annualized. Economists predicted an increase of 3.0%. Forex traders can compare this to the Singapore Core CPI for May, which rose 3.1% annualized. US Existing Home Sales...