Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Japanese Current Account Balance for December came in at ¥0.744T and the Preliminary Japanese Adjusted Current Account Balance at ¥1.810T. Economists predicted a reading of ¥1.018T and ¥1.930T. Forex traders can compare this to the Japanese Current Account Balance for November, reported at ¥1.926T, and the Japanese Adjusted Current Account Balance at ¥1.89T. Japanese Bank Lending for January increased by 3.1% annualized. Economists...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In its most recent fiscal report for Q2 2024, concluding on December 31, Microsoft displayed robust financial performance. The company posted a noteworthy 18% year-over-year surge in revenue, reaching $62 billion, surpassing analysts' projections by $890 million. Additionally, earnings per share exhibited a robust growth of 33%, hitting $2.93 and exceeding the consensus forecast by $0.16. Despite these impressive numbers, Microsoft's stock has undergone a remarkable 60...
Source: PaxForex Premium Analytics Portal, Fundamental Insight When it comes to predicting the future of a company, investors face the challenge of navigating a landscape where factors impacting a company's performance are in constant flux. Crystal ball ownership being non-existent, making accurate predictions is a tricky endeavor at best. However, investors engage in the art of making educated guesses about a company's future. The key lies in identifying the internal and external trends that carry the most weight and determining...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Unemployment Rate for the fourth quarter came in at 4.0%. Economists predicted an Unemployment Rate of 4.3%. Forex traders can compare this to the Unemployment Rate for the third quarter, reported at 3.9%. The Employment Change for the fourth quarter rose by 0.4%. Economists predicted an increase of 0.3%. Forex traders can compare this to the Employment Change for the third quarter, which decreased by 0.1% quarterly. The Participation Rate for the fourth quarter...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Retail Sales for December plunged 2.7% monthly. Economists predicted a rise of 0.1% monthly. Forex traders can compare this to Australian Retail Sales for November, which increased 1.6% monthly. Australian Retail Sales, excluding inflation for the fourth quarter, expanded by 0.2% quarterly. Forex traders can compare this to Australian Retail Sales, excluding inflation for the third quarter, which rose contracted by 0.1% quarterly. The Reserve Bank of Australia kept...