Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand GDP for the first quarter increased by 0.2% quarterly and 0.3% annualized. Economists predicted a rise of 0.1% and 0.2%. Forex traders can compare this to the New Zealand GDP for the fourth quarter, which contracted by 0.1% quarterly and 0.2% annualized. The New Zealand GDP Annual Average for the first quarter rose by 0.2% quarterly, and GDP Expenditure increased by 0.1% quarterly. Forex traders can compare this to the New Zealand GDP Annual Average for the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon has evolved from a modest online bookstore into a dominant player in various industries, potentially eyeing another $100 billion opportunity. Currently, Amazon's primary e-commerce business generates over $300 billion in annual net sales. Its cloud computing division, Amazon Web Services (AWS), achieved a run rate exceeding $100 billion in the first quarter. The company's advertising sector already brings in $50 billion and continues to grow rapidly. Amazon Prime...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Current Account Balance for the first quarter came in at -NZ$4.36B quarterly and -NZ$27.64B annualized, with the Current Account-to-GDP Ratio at -6.8%. Forex traders can compare this to the New Zealand Current Account Balance for the fourth quarter, reported at -NZ$7.84B quarterly and -NZ$27.80B annualized, with the Current Account-to-GDP Ratio at -6.9%. The Japan Reuters Tankan Index for June came in at 6. Forex traders can compare this to the Japan...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In the first half of 2024, Bitcoin captivated crypto investors. However, Ethereum should not be overlooked. With a 54% increase year to date, it has nearly matched Bitcoin's performance and has a new catalyst that could propel it even higher in the second half of the year. Now might be the ideal time to consider Ethereum for your investment portfolio. Here are three compelling reasons why it might surpass the $4,000 mark and achieve a new all-time high. The major catalyst...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German ZEW Survey Current Situation Index for June is predicted at -65.0, and the German ZEW Survey Economic Sentiment Index at 49.6. Forex traders can compare this to the German ZEW Survey Current Situation Index for May, reported at -72.3, and the German ZEW Survey Economic Sentiment Index, reported at 47.1. The Eurozone ZEW Survey Economic Sentiment Index for June is predicted at 47.8. Forex traders can compare this to the Eurozone ZEW Survey Economic Sentiment Index for...