Source: PaxForex Premium Analytics Portal, Fundamental Insight The latest New Zealand Economic Forecast published by the New Zealand Treasury for January came in at -NZ$11,070B. Forex traders can compare this to the New Zealand Economic Forecast for December, reported at -NZ$9,319B. The Net Debt Forecast for January came in at 43.10%, and the Budget Balance at -NZ$21.860N. Forex traders can compare this to the Net Debt Forecast for December, reported at 43.50%, and the Budget Balance at -NZ$25.800B. US Initial Jobless Claims for the week...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Under the leadership of CEO Jamie Dimon, JPMorgan Chase has demonstrated exceptional cash management and maintained a robust balance sheet, propelling it to the top spot as the largest bank in the US by both assets and market capitalization. For years, there have been questions about the succession plan at JPMorgan Chase, with Dimon often dismissing the idea of retirement, suggesting it was always five years away. However, during the bank's recent Investor Day event, Dimon...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand NBNZ Own Activity for May rose by 11.8%, and ANZ Business Confidence was at 11.2. Economists predicted an increase of 1.7% and a reading of -1.9. Forex traders can compare this to the New Zealand NBNZ Own Activity for April, which rose by 14.3%, and ANZ Business Confidence reported at 14.9. The German GfK Consumer Confidence Survey for June came in at -20.9. Economists predicted a figure of -22.5. Forex traders can compare this to the German GfK Consumer...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last week, the S&P 500 index, which comprises the 500 largest U.S. companies by market capitalization, reached a new all-time high, hitting $5,341.88 during intraday trading on Thursday, May 23. Warren Buffett has long recommended an S&P 500 index fund as the ideal investment for those who don't have the time to analyze individual stocks in depth. The recent milestone seems to support his advice. However, with the stock market at a new peak, the enthusiasm for AI...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Retail Sales for April increased by 0.1% monthly. Economists predicted a rise of 0.3% monthly. Forex traders can compare this to Australian Retail Sales for March, which decreased 0.4% monthly. The UK CBI Distributive Trades Survey for May is predicted at -24. Forex traders can compare this to the UK CBI Distributive Trades Survey for April, reported at -44. The Canadian Industrial Product Price Index for April is predicted to increase by 0.8%...