Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Trade Balance for January came in at A$11,027M. Economists predicted a figure of A$11.420M. Forex traders can compare this to the Australian Trade Balance for December, reported at A$10,743M. Exports for January rose by 1.6% monthly and imports by 1.3% monthly. Forex traders can compare this to exports for December, which increased by 1.5% monthly, and imports by 2.9% monthly. Australian Home Loans for January plunged 4.6% monthly, and Investment Lending for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson stands as a prominent player in the global healthcare sector, boasting a substantial market capitalization of approximately $390 billion. However, its performance as a growth stock has been modest in recent years, witnessing a mere 18% rise over the past five years. Even when examining the past decade, the stock has experienced a 76% increase, translating to a compound annual growth rate of 5.8%, notably below the S&P 500's historical average of 10...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Construction Index for February came in at -18.4. Forex traders can compare this to the Australian AiG Construction Index for January, reported at -11.5. The AiG Manufacturing Index for February came in at -25.3, and the AiG Industry Index at -12.6. Forex traders can compare this to the AiG Manufacturing Index for January, reported at -23.8, and the AiG Industry Index at -9.9. The Australian GDP for the fourth quarter expanded 0.2% quarterly and 1.5%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Alphabet's stock has experienced a significant surge in the past year, outpacing the S&P 500 with a 52% gain. This rally is attributed to the recovery of tech stocks, the resurgence of digital advertising, and the growing adoption of artificial intelligence. Despite this remarkable performance, investors are grappling with the decision of whether to anticipate a pullback or join the momentum and invest further in Alphabet. The positive momentum is underpinned by...
Source: PaxForex Premium Analytics Portal, Fundamental Insight French Industrial Production for January is predicted to decrease by 0.1% monthly. Forex traders can compare this to French Industrial Production for December, which dropped 1.1% monthly. The Spanish HCOB Services PMI for February is predicted at 53.4. Forex traders can compare this to the Spanish HCOB Services PMI for January, reported at 52.1. The Italian HCOB Services PMI for February is predicted at 52.2. Forex traders can compare this to the Italian HCOB Services PMI...