Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CBI Distributive Sales Survey for January is predicted at -30. Forex traders can compare this to the UK CBI Distributive Sales Survey for December, reported at -32. US Final Building Permits for December are predicted at 1.495M permits. Forex traders can compare this to US Final Building Permits for November, reported at 1.467M permits. US Preliminary Durable Goods Orders for December are predicted to increase by 1.1% monthly, and Durables Excluding Transportation by 0....
Source: PaxForex Premium Analytics Portal, Fundamental Insight In 2023, Alphabet's shares experienced a significant surge, jumping by 58%, a stark contrast to its 2022 performance when the stock plummeted by 39%, as reported by S&P Global Market Intelligence. The company's rebound was attributed not only to the overall economic improvement but also to Alphabet's strategic venture into artificial intelligence (AI), a development that garnered considerable investor enthusiasm. The preceding bear market of 2022 adversely...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary French HCOB Manufacturing PMI for January is predicted at 42.5, the Preliminary French HCOB Services PMI at 46.0, and the Preliminary French HCOB Composite PMI at 45.2. Forex traders can compare this to the French HCOB Manufacturing PMI for December, reported at 42.1, the French HCOB Services PMI at 45.7, and the French HCOB Composite PMI at 44.8. The Preliminary German HCOB Manufacturing PMI for January is predicted at 43.7, the Preliminary German HCOB...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The outlook for aerospace and defense giant Boeing in 2024 is riddled with uncertainties, prompting investors to contemplate their positions. With the stock down slightly over 23% in the current year, the question arises: Is it an opportune moment to accumulate shares or a time to steer clear? Let's get straight to the point – the answer is "no," and this perspective revolves around the medium-term uncertainties looming over the company's future. Recent...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US Richmond Fed Manufacturing Index for December is predicted at -7. Forex traders can compare this to the US Richmond Fed Manufacturing Index for November, reported at -11. This trading week has begun with little economic data to sway bulls or bears, allowing traders to focus on individual developments in the stock market. The NASDAQ100 powered to fresh all-time highs, following the Dow Jones Industrial Average and the S&P500. The consensus is that the US economy will...