Source: PaxForex Premium Analytics Portal, Fundamental Insight The S&P 500 is surging to unprecedented heights, marking a remarkable ascent in stock prices. With an increase of over 39% from its October 2022 low, we find ourselves firmly entrenched in a bull market. The recent years have been challenging for the stock market, subjecting investors to a rollercoaster ride of uncertainties. While optimism about brighter days ahead is prevalent, some harbor concerns that the prime window for investing may have already passed. Amidst this...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Input for the third quarter rose by 1.2% quarterly, and the New Zealand Output by 0.8%. Forex traders can compare this to the New Zealand Input for the second quarter, which decreased by 0.2% quarterly, and the New Zealand Output, which increased by 0.2%. The Singapore Trade Balance for October came in at S$6.524B. Economists predicted a reading of S$5.118B. Forex traders can compare this to the Singapore Balance for September, reported at S$5.118B. Non-oil...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walmart is gearing up for a significant change, but don't worry – it's not breaking up or selling off any units. Instead, the retail giant recently announced its plan to undergo a 3-for-1 stock split on February 26, 2024. CEO Doug McMillon clarified that this decision stems from the belief of Walmart's founder, Sam Walton, who advocated for making the company's share price more accessible to its associates. McMillon expressed, "Given our growth and our...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for January came in at S$7.563B. Forex traders can compare this to the Singapore Balance for December, reported at S$7.068B. Non-oil exports for January rose 2.3% monthly and surged by 16.8% annualized. Economists predicted a rise of 0.5% and 5.4%. Forex traders can compare this to Non-Oil Exports for December, which decreased by 1.7% monthly and 1.5% annualized. US Housing Starts for January are predicted at 1,450K starts and Building Permits at 1,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms, the largest social media company globally, surprised investors recently with its inaugural dividend initiation. Although its quarterly dividend of $0.50 results in a modest forward yield of 0.4%, this move demonstrates confidence in the sustained growth of its core advertising business. This raises the question: could Alphabet, the parent company of Meta's major advertising rival Google, follow suit and introduce dividends in the near future? To explore this...