Source: PaxForex Premium Analytics Portal, Fundamental Insight The French Business Survey for February is predicted at 99. Forex traders can compare this to the French Business Survey for January, reported at 99. The Preliminary French HCOB Manufacturing PMI for February is predicted at 43.5, the Preliminary French HCOB Services PMI at 45.7, and the Preliminary French HCOB Composite PMI at 45.0. Forex traders can compare this to the French HCOB Manufacturing PMI for January, reported at 43.1, the French HCOB Services PMI at 45.4, and the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Cisco Systems is often regarded as a stable choice for conservative income investors, given its position as the world's largest networking company, trading at a modest 13 times this year's adjusted earnings and offering a substantial forward yield of 3.3%. Despite these appealing attributes, Cisco's stock has exhibited minimal growth over the last 12 months, contrasting sharply with the S&P 500's robust 20% rally. The question arises as to why Cisco has...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Westpac Leading Index for January decreased by 0.1% monthly. Forex traders can compare this to the Australian Westpac Leading Index for December, which was flat at 0.0%. The Australian Wage Price Index for the fourth quarter increased by 0.9% quarterly and by 4.2% annualized. Economists predicted a rise of 0.9% and 4.1% annualized. Forex traders can compare this to the Australian Wage Price Index for the third quarter, which rose 1.3% quarterly and by 4.1%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The perspective on Boeing's medium-term outlook holds significance for investors, as the interest in the stock is not based on its current state but on its potential trajectory. Management has articulated its 2025/2026 targets during the investor day presentation in November 2022, outlining a plan that includes a multiyear uptick in airplane production, particularly the 737 narrowbody, and a substantial improvement in Boeing Defense, Space, and Security (BDS) profit margins...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Minutes from the February Reserve Bank of Australia meeting showed a shift from easing interest rates and a hint towards higher rates for longer, as inflation has shown signs of an upward move. The minutes indicated that most policy members believe Australia has reached peak interest rates but added fewer interest rate cuts compared to other developed economies could follow. The consensus is for a total reduction of 50 basis points in 2024. It could provide a floor under any...