This week, the attention of traders will be drawn to the following events: The impact of the pandemic on the US labor market The US Non-Farm Payrolls report for March is due this week and is likely to have preceded the worst period of labor market impact. Economists still expect Friday figures to show a loss of 100 thousand jobs. A meaningful excess of that figure and a unique $2 trillion stimulus package approved by Congress may abruptly seem inadequate. The government's stimulus package involves a $500 billion fund to help...
The Swiss KOF Leading Indicator for March was reported at 92.9. Economists predicted a figure of 85.0. Forex traders can compare this to the Swiss KOF Leading Indicator for February, which was reported at 100.9. US Pending Home Sales for February are predicted to decrease by 2.0% monthly and to increase 6.0% annualized. Forex traders can compare this to US Pending Home Sales for January, which increased by 5.2% monthly and 6.7% annualized. The US Dallas Fed Manufacturing Activity Index for March is predicted at -10.0. Forex traders can...
General Electric (GE), one of the most widely distributed and actively traded shares, continues to look for a turning point as investors question whether the company's shares are promising. The icon of American production soared in 2019 after several years of unstable income. But after a strong start in 2020, stocks reached their lowest level. Should investors consider shares of GE? To answer this question, investors must look at technical aspects and fundamental factors. General Electric remains popular on Wall Street:...
The Tokyo CPI for March increased by 0.4% annualized. Economists predicted an increase of 0.3% annualized. Forex traders can compare this to the Tokyo CPI for February, which increased by 0.4% annualized. The Tokyo Core CPI for March increased by 0.7% annualized. Economists predicted an increase of 0.6% annualized. Forex traders can compare this to the Tokyo Core CPI for February, which increased by 0.7% annualized. The Tokyo CPI Excluding Fresh Food for March increased by 0.4% annualized. Economists predicted an increase of 0.4% annualized...
IBM (NYSE: IBM) faces a critical moment in its history. Even before the negative financial implications of the coronavirus were the subject of anxiety and instability, IBM faced a serious challenge when Arvind Krishna was preparing to assume the role of CEO. Now that the coronavirus is putting deep pressure on IBM shares and the market in general, investor rates have become much higher. Technically IBM still stands for "International Machines for Business" and of course investors should not forget about the company's...