Source: PaxForex Premium Analytics Portal, Fundamental Insight With the recent introduction of new cryptocurrency exchange-traded funds (ETFs), acquiring Bitcoin for your investment portfolio has become more accessible than ever. The process no longer demands specialized knowledge about cryptocurrencies, separate accounts with specific cryptocurrency exchanges, or the creation of a digital wallet to store your Bitcoin securely. However, even with these simplified avenues, you might still harbor reservations about committing a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian TD Securities Inflation for February decreased by 0.1% monthly. Forex traders can compare this to Australian TD Securities Inflation for January, which rose 0.3% monthly. Australian ANZ Job Advertisements for February plunged 2.8% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for January, which rose 3.4% monthly. Australian Building Approvals for January decreased by 1.0% monthly and surged by 10.0% annualized. Economists predicted a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Caterpillar's stock is currently trading near its recent all-time high, reflecting the company's robust performance across the board. In 2023, Caterpillar achieved record levels of revenue and profit, showcasing remarkable pricing power sustained throughout the year, resonating positively with its customer base. Notably, management has raised its medium-term targets for both cash flow and profit margin. While there are many favorable aspects to Caterpillar's current...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Judo Bank Manufacturing PMI for February came in at 47.8. Economists predicted a figure of 47.7. Forex traders can compare this to the Australian Judo Bank Manufacturing PMI for January, reported at 50.1. The Chinese Non-Manufacturing PMI for February came in at 51.4, and the Chinese Manufacturing PMI at 49.1. Economists predicted a figure of 50.9 and 49.1. Forex traders can compare this to the Chinese Non-Manufacturing PMI for January, reported at 50.7,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Verizon Communications presently boasts an enticing dividend yield of approximately 6.6%, a feature that tends to attract investors seeking robust income streams. However, the allure of a high dividend yield often prompts caution, as it may signal underlying risks, with investors anticipating a potential cut to the dividend payout. Recent instances of prominent companies, including Verizon's counterpart AT&T and Walgreens Boots Alliance, have experienced dividend...