Source: PaxForex Premium Analytics Portal, Fundamental Insight Swiss Producer & Import Prices for February are predicted to increase by 0.2% monthly. Forex traders can compare this to Swiss Producer & Import Prices for January, which decreased 0.5% monthly. US Initial Jobless Claims for the week of March 9th are predicted at 218K, and US Continuing Claims for the week of March 2nd at 1,900K. Forex traders can compare this to US Initial Jobless Claims for the week of March 2nd, reported at 217K, and US Continuing Claims for the week...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Oracle, renowned for its widely adopted database and enterprise applications, entered the cloud infrastructure market relatively late compared to industry leaders like Amazon Web Services, Microsoft Azure, and Google Cloud, making it barely noticeable in comparison. Despite this, the company's cloud infrastructure revenue for the quarter ending on Feb. 29 reached $1.8 billion. While this figure pales in comparison to Google Cloud's revenue, which surpassed $9 billion in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Construction Output Seasonally Adjusted for January increased by 1.1% monthly and 0.7% annualized. Economists predicted a flat reading of 0.0% and a contraction of 0.5%. Forex traders can compare this to UK Construction Output Seasonally Adjusted for December, which dropped by 0.5% monthly and 3.2% annualized. The UK GDP for January increased by 0.2% monthly, decreased by 0.1% for the three-month-over-three-month period ending in January, and contracted by 0.3% annualized....
Source: PaxForex Premium Analytics Portal, Fundamental Insight In 2022, Meta Platforms faced a challenging market environment, compounded by investor skepticism surrounding CEO Mark Zuckerberg's metaverse endeavors. This led to a substantial 64% decline in share prices that year. However, the trajectory of this leading social media stock has taken a remarkable turn since hitting the 2022 low. Bolstered by robust financial results and a bullish market, the stock has experienced an impressive surge, soaring by 321% since the close of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Building Approvals for January decreased by 1.0% monthly, and Private House Approvals dropped by 9.9% monthly. Economists predicted a contraction of 1.0% and a plunge of 9.9%. Forex traders can compare this to Australian Building Approvals for December, which collapsed 10.1% monthly, and Private House Approvals, which contracted 1.8% monthly. Australian NAB Business Conditions for February came in at 10, and Australian NAB Business Confidence at 0. Forex traders can...