Source: PaxForex Premium Analytics Portal, Fundamental Insight Today, the word "challenge", describing the industries most affected by COVID-19, has become particularly common. It is unquestionably a precise summary of the situation in which the giant Boeing (BA) is currently found. On the verge of bankruptcy after the first wave of coronavirus, the recent rise in business has not brightened up negative prospects for the near future. Taking into account that Q2 yield indicators are coming out rather soon (July 29), Cowen...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The South African CPI for May is predicted to decrease by 0.5% monthly and to increase by 2.2% annualized. Forex traders can compare this to the South African CPI for April, which decreased by 0.5% monthly, and which increased by 3.0% annualized. The Core CPI for May is predicted to increase by 0.1% monthly and by 3.2% annualized. Forex traders can compare this to Core CPI for April, which decreased by 0.2% monthly, and which increased by 3.2% annualized. The US Import...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian NAB Business Conditions for June were reported at -7 and Australian NAB Business Confidence at 1. Forex traders can compare this to NAB Business Conditions for May, reported at -24 and to Australian NAB Business Confidence, reported at -20. The preliminary Singapore GDP for the second quarter decreased by 41.2% quarterly and by 12.6% annualized. Economists predicted a decrease of 37.4% and 10.5% annualized. Forex traders can compare this to the Singapore GDP for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight When Cisco Systems (CSCO) acquired ThousandEyes in May, this was the last purchase aimed at increasing revenue from software and services. Some investors supported the deal as it moved away from the company's core business of selling network switches and routers. At the same time, another part of the investors felt that the company needed a larger transformational acquisition. Cisco shares remain one of the leading U.S. technology companies by cash on its balance sheet....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney (NYSE: DIS) has been going through a lot lately, with some of its businesses not in the best shape. Its growing Disney+ service last week brought another hit, attracting public attention with Hamilton's big debut. Professional basketball players and footballers arrived at Disney World in Florida earlier that week to resume their sporting activities. On the weekend, Disney World opened its doors to visitors for the first time in four months. Some media...