Source: PaxForex Premium Analytics Portal, Fundamental Insight German Factory Orders for November rose by 0.3% monthly. Economists predicted an increase of 1.0%. Forex traders can compare this to German Factory Orders for October, which dropped 3.8% monthly. The German Trade Balance for November came in at €20.4B. Economists predicted a figure of €17.9B. Forex traders can compare this to the German Trade Balance for October, reported at €17.7B. Exports for November rose by 3.7% monthly, and Imports expanded by 1.9% monthly....
Source: PaxForex Premium Analytics Portal, Fundamental Insight It's possible that you overlooked it, but Amazon shares made a significant move, quietly gaining 81% in 2023. While the spotlight of the market was on Nvidia and other AI stocks due to the excitement surrounding ChatGPT and other generative AI applications, Amazon enjoyed one of its most successful years to date. The tech behemoth added approximately $700 billion in market value, staging a remarkable recovery from the 2022 bear market that halved its stock price. Let's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for December is predicted to show 170K job additions and an unemployment rate of 3.8%. Forex traders can compare this to the US NFP Report for November, which showed 199K job additions and an unemployment rate of 3.7%. Private Payrolls for December are predicted to show 130K job additions and Manufacturing Payrolls 5K job gains. Forex traders can compare this to Private Payrolls for November, which showed 150K job additions, and Manufacturing Payrolls, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In December, shares of industrial conglomerate 3M experienced a modest increase of just over 10%, as reported by S&P Global Market Intelligence. This upward trend is attributed to the market's optimistic outlook for improved growth in 2024, fueled by expectations of interest rate cuts during the same period. While the Federal Reserve's decision to roll back interest rate hikes in the upcoming year is uncertain, the market has enthusiastically assumed this scenario,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary French CPI for December is predicted to rise by 0.2% monthly and 3.8% annualized. Forex traders can compare this to the French CPI for November, which decreased by 0.2% monthly and increased by 3.5% annualized. The French Harmonized CPI for December is predicted to accelerate by 0.3% monthly and 4.1% annualized. Forex traders can compare this to the French Harmonized CPI for November, which contracted by 0.2% monthly and expanded by 3.9% annualized. The Spanish...