Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Australian Judo Bank Services PMI for March came in at 53.1, and the Preliminary Australian Judo Bank Manufacturing PMI was 49.6. Forex traders can compare this to the Australian Judo Bank Services PMI for April, reported at 53.6, and the Australian Judo Bank Manufacturing PMI was at 49.6. Australian Consumer Inflation Expectations for May increased by 4.1% annualized. Forex traders can compare this to Australian...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The past year has been an exhilarating period for Microsoft shareholders. The company swiftly identified the transformative potential of artificial intelligence (AI) and made bold strategic moves to lead this technological revolution. A standout initiative has been the development of Microsoft Copilot, a suite of generative AI tools that seamlessly integrate with the company's products and services. These tools allow users to automate various time-consuming tasks, enhancing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Trade Balance for April came in at -¥462.5B, and the Japanese Adjusted Trade Balance at -¥0.56T. Economists predicted a reading of -¥339.5B and -¥0.72T. Forex traders can compare this to the Japanese Trade Balance for March, reported at ¥366.5B, and the Japanese Adjusted Trade Balance at -¥0.70T. Exports for April surged by 8.3% annualized, and Imports accelerated by 8.3% annualized. Economists predicted an increase of 11....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors in Apple have experienced a tumultuous ride in recent years, marked by significant fluctuations in the company's stock performance. An economic downturn in 2022 resulted in a steep 27% decline in the iPhone maker's stock. However, the following year saw a remarkable rebound, with shares surging by 48%. Despite this recovery, ongoing challenges to its business and consecutive revenue declines throughout 2023 have led to a 1% dip in its stock since the beginning...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German PPI for April increased by 0.2% monthly and decreased by 3.3% annualized. Economists predicted a rise of 0.3% and a drop of 3.2%. Forex traders can compare this to the German PPI for March, which expanded by 0.2% monthly and contracted by 2.9% annualized. The Eurozone Current Account (s.a) for March is predicted at €30.2B. Forex traders can compare this to the Eurozone Current Account (s.a.) for February, reported at...