Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Judo Bank Services PMI for March came in at 54.4, and the Final Australian Judo Bank Composite PMI was at 53.3. Forex traders can compare this to the Australian Judo Bank Services PMI for February, reported at 53.1, and the Final Australian Judo Bank Composite PMI, reported at 52.1. Australian Building Approvals for February dropped by 1.9% monthly and rose by 5.2% annualized. Forex traders can compare this to Australian Building Approvals for January,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Recently, two renowned food chains, McDonald's and Krispy Kreme, announced a nationwide partnership set to unfold over the coming years. Under this collaboration, McDonald's will introduce a selection of Krispy Kreme donuts in its restaurants, to enhance foot traffic during breakfast hours. This news sparked a surge in Krispy Kreme's stock. But what about McDonald's? Will its stock experience a similar uptrend? While this partnership is indeed promising, the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Construction Index for March came in at -12.9. Forex traders can compare this to the Australian AiG Construction Index for February, reported at -18.4. The AiG Manufacturing Index for March came in at -25.3, and the AiG Industry Index at -7.0. Forex traders can compare this to the AiG Manufacturing Index for February, reported at -23.8, and the AiG Industry Index at -12.6. The Chinese Caixin Services PMI for March came in at 52.7, and the Chinese Caixin...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In under a month, Bitcoin is poised to undergo its fourth halving, a fundamental event embedded in its code that occurs approximately every four years or after 210,000 blocks are added to the blockchain. These halvings serve as the cornerstone of Bitcoin's robust monetary policy, slashing its supply growth rate by half each time. Scheduled for around April 20, this forthcoming halving will slash Bitcoin's supply growth to approximately 0.8% annually. Historically,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Spanish HCOB Manufacturing PMI for March is predicted at 51.1. Forex traders can compare this to the Spanish HCOB Manufacturing PMI for February, reported at 51.5. The Italian HCOB Manufacturing PMI for March is predicted at 48.9. Forex traders can compare this to the Italian Manufacturing PMI for February, reported at 48.7. The Final French HCOB Manufacturing PMI for March is predicted at 45.8. Forex traders can compare this to the French Manufacturing PMI for February,...