Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of February 24th are predicted at 209K, and US Continuing Claims for the week of February 17th at 1,874K. Forex traders can compare this to US Initial Jobless Claims for the week of February 17th, reported at 201K, and US Continuing Claims for the week of February 10th, reported at 1,862K. US Personal Income for January is predicted to increase by 0.4% monthly and Personal Spending by 0.2% monthly. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The ensemble of stocks famously referred to as the "Magnificent Seven" has experienced a varied start to the year. Comprising esteemed tech giants that have delivered exceptional returns over the last decade -Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla - the group exhibits a mix of performances since the beginning of the year. While some, notably Meta Platforms and Nvidia, have demonstrated stellar performance, others, like Apple, haven't...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Reserve Bank of New Zealand kept interest rates unchanged at 5.50%. Economists predicted no change in interest rates. Forex traders can compare this to the Reserve Bank of New Zealand's previous interest rate announcement, where rates were unchanged at 5.50%. The Hong Kong GDP for the fourth quarter is predicted to increase 0.5% quarterly and 4.3% annualized. Forex traders can compare this to the Hong Kong GDP for the third quarter, which rose 0.1% quarterly and 4.1%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola's recent stock returns and its business performance are diverging, presenting a notable contrast. Despite the beverage giant reporting positive operating trends for fiscal 2023, its stock performance places it among the weakest on the Dow Jones Industrial Average for the year. Over the last 12 months, Coke's shares have seen a modest 2% increase, significantly lagging behind the Dow's impressive 19% rally. Given this performance gap, does it create an...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German GfK Consumer Confidence Survey for March is predicted at -29.0. Forex traders can compare this to the German GfK Consumer Confidence Survey for February, reported at -29.7. French Consumer Confidence for February is predicted at 92. Forex traders can compare this to French Consumer Confidence for January, reported at 91. Eurozone M3 Money Supply for January is predicted to increase by 0.3% annualized. Forex traders can compare this to Eurozone M3 Money Supply for...