Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand ANZ Activity Outlook for July decreased by 17.0%, and ANZ Business Confidence was reported at -42.4. Forex traders can compare this to the New Zealand ANZ Activity Outlook for June, which decreased by 8.9%, and to ANZ Business Confidence, reported at -31.8. Eurozone Sentix Investor Confidence for August is predicted at -15.1. Forex traders can compare this to Eurozone Sentix Investor Confidence for July, reported at -18.2. The forecast for the EUR/NZD turned...
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T (NYSE: T) is often considered a stable asset for conservative investors. The company has established itself as one of the leading telecommunications companies in the U.S., it pays almost 7% forward yield, and its shares are traded nine times the forward profit. However, over the past five years, AT&T has also received a shortfall in yields. Its shares have fallen by more than 10% as the S&P 500 rose by almost 60%. Even after the reinvestment of dividends, AT...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Household Spending for June increased by 13.0% monthly and decreased by 1.2% annualized. Economists predicted an increase of 7.5% and a decrease of 7.5% annualized. Forex traders can compare this to Japanese Household Spending for May, which decreased by 0.1% monthly and by 16.2% annualized. Japanese Average Cash Earnings for June decreased by 1.7% annualized, and Japanese Overall Wage Income decreased by 1.7% annualized. Forex traders can compare this to Japanese...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Companies have been affected by the pandemic in different ways, some for the better and some for the worse. The financial industry as a whole has been affected by lower interest rates, but those with strong credit card arm have been further affected by lower consumer spending and high loss provisions. American Express (NYSE: AXP) was not left out, but the company is also in a unique situation, given its differentiated business model and customers. At the end of the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Bank of England decided to keep interest rates unchanged at 0.10% and lowered the Asset Purchase Target to £725B. Economists predicted no change. Forex traders can compare this to the previous Bank of England meeting where the UK central bank decided to keep interest rates unchanged at 0.10%, and the Asset Purchase Target idle at £745B. The UK Construction PMI for July is predicted at 57.0. Forex traders can compare this to the UK Construction PMI for June,...