Source: PaxForex Premium Analytics Portal, Fundamental Insight Anytime the name of Amazon pops-up (NASDAQ: AMZN), the first thing that comes to your mind is probably online shopping and cloud computing - and it makes sense - because these divisions account for the lion's share of the company's business. The company was one of the clear winners of the "quarantine economy" resulting from the COVID-19 pandemic. The introduction of e-commerce has accelerated as consumers have stopped going to retail stores being scared of the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Employment Change for May was reported at -227.7K. Economists predicted a figure of -125.0K. Forex traders can compare this to the Australian Employment Change for April, which was reported at -594.3K. The Unemployment Rate for May was reported at 7.1%. Economists predicted a reading of 7.0%. Forex traders can compare this to the Unemployment Rate for April, which was reported at 6.2%. 89.1K Full-Time Positions were lost in May. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for May was reported at $4.040B. Forex traders can compare this to the Singapore Balance for April, which was reported at $2.630B. Non-Oil Exports for May decreased by 4.5% monthly and by 4.5% annualized. Forex traders can compare this to Non-Oil Exports for April, which decreased by 5.1% monthly, and which increased by 9.7% annualized. US Housing Starts for May are predicted at 1,095K starts, and Building Permits at 1,228K permits. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walmart (NYSE: WMT) has added another online trading trophy to its growing list of awards. According to eMarketer, for the first time in May 2020, this retailer surpassed the pioneer eBay (NASDAQ: EBAY) in terms of sales share in the U.S. online business. eBay has longstanding digital sales leader Amazon.com (NASDAQ: AMZN), which accounts for 38% of online purchases in the country. Walmart moved to second place with 5.8% of digital retailing, and eBay moved to third with 4.5...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last year, there were rumors about Apple's plans to cut or drop out of cooperation with Intel for Mac series processors chips. With the start of Apple's Worldwide Developers Conference (WWDC) on June 22, those stories are back on the rise, and it seems more like Intel will soon be out of Apple's projects for the next Mac. Many might believe it is unfortunate news for Intel INTC. But some won't. There is a belief that Intel will be better off without Apple....