Source: PaxForex Premium Analytics Portal, Fundamental Insight Since its inception in July 2015, Ethereum has witnessed an astounding surge in value, soaring from a mere $0.31 to its current price of $3,000. This translates to an extraordinary return on investment of nearly 10,000 times! If you had allocated just a few hundred dollars to Ethereum a decade ago, chances are you would be sitting on a millionaire's fortune today. However, the burning question remains: does Ethereum still possess the potential to propel you to millionaire...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for April came in at 47.1, and the New Zealand Performance of Composite Index was at 47.6. Forex traders can compare this to the New Zealand Performance of Services Index for March, reported at 47.2, and the New Zealand Performance of Composite Index at 46.6. New Zealand Food Prices for April rose by 0.8% monthly. Forex traders can compare this to New Zealand Food Prices for March, which increased by 0.7% monthly....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investing in Tesla requires a strong stomach, as the stock's movements can be quite volatile, causing concern for those unaccustomed to such fluctuations. Following Tesla's recent earnings release, its stock surged by more than 10%. However, despite this uptick, the stock remains down by over 25% since the beginning of 2024. The question arises: is this recent surge indicative of a new bullish trend for Tesla, or is it merely an exaggerated reaction? When examining...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Preliminary GDP for March increased by 0.4% monthly and 0.7% annualized. Economists predicted an expansion of 0.1% and 0.3%. Forex traders can compare this to the GDP for February, which rose 0.5% monthly and decreased 0.2% annualized. The UK Preliminary GDP for the first quarter rose by 0.6% quarterly and 0.2% annualized. Economists predicted an expansion of 0.4% and a flat reading of 0.0%. Forex traders can compare this to the fourth quarter GDP, which contracted 0.3%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight There's ample evidence supporting The Coca-Cola Company as a formidable business entity. It stands as one of the most recognizable brands globally, boasting a track record of consistent dividend payments and increases spanning over six decades. Moreover, it holds a prominent position among Warren Buffett's premier holdings in Berkshire Hathaway. On the surface, it seems like an investment dream come true. However, the correlation between a great company and a lucrative...