The South African PPI for March is predicted to increase by 0.3% monthly and by 3.4% annualized. Forex traders can compare this to the South African PPI for February, which increased by 0.3% monthly and by 4.5% annualized. US Initial Jobless Claims for the week of May 23rd are predicted at 2,100K, and US Continuing Claims for the week of May 16th are predicted at 25,750K. Forex traders can compare this to US Initial Jobless Claims for the week of May 16th, which were reported at 2,438K and to US Continuing Claims for the week of May 9th,...
Goldman Sachs (NYSE: GS) is actively expanding its cash management business with plans to debut in the UK in September and across Europe by the end of the year, The Financial Times reports. Citing anonymous sources, The Financial Times also reported that Goldman will pay 200 basis points (2 percentage points) more than its competitors on some deposits, which is a large premium, given how low-interest rates are now. Another anonymous source said that Goldman's deposit strategy for cash management will put it in 70th place among...
Amazon (NASDAQ: AMZN) had to move part of its supply chain to meet changing consumer demand, but it did so relatively quickly - and the online leader was thriving. The retail giant's shares traded around a 52-week high even though prices declined slightly after the company reported first-quarter earnings. This is not since the company reports bad news. Net sales rose 26% to $75.5 billion, but net income fell to $2.5 billion from $3.6 billion in the same quarter last year. This decrease was due to additional costs to adjust the business...
The final Singapore GDP for the first quarter decreased by 4.7% quarterly and by 0.7% annualized. Economists predicted a decrease of 7.4% and 1.5% annualized. Forex traders can compare this to the previous Singapore GDP for the first quarter, which decreased by 10.6% quarterly and by 2.2% annualized. The Singapore CPI for April decreased by 0.7% annualized. Economists predicted a decrease of 0.4%. Forex traders can compare this to the Singapore CPI for March, which increased by 0.3% annualized. Singapore Industrial Production for April...
The Final Japanese Leading Index for May was reported at 84.7, and the Final Japanese Coincident Index was reported at 90.2. Forex traders can compare this to the previous Japanese Leading Index for May, which was reported at 91.9 and to the previous Japanese Coincident Index, which was reported at 95.4. The Final German GDP for the first quarter decreased by 1.9% quarterly and 2.2% annualized. Economists predicted a decrease of 1.9% and 2.2% annualized. Forex traders can compare this to the previous first quarter German GDP report, which...