Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Bank Lending for November came in at S$792.9 billion. Forex traders can compare this to Singapore Bank Lending for October, reported at S$791.5 billion. Singapore Export Prices for November decreased by 3.7% annualized, and Singapore Import Prices contracted by 1.0% annualized. Forex traders can compare this to Singapore Export Prices for October, which dropped 3.0% annualized, and Singapore Import Prices, which decreased 0.6% annualized. The Singapore PPI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Approaching the year 2024, it's prudent for investors to take a reflective pause and evaluate their portfolio allocations. Delve into a thoughtful analysis, identifying positions ripe for profit-taking and those potentially warranting increased investment. As we stand on the brink of the new year, pivotal variables loom large that could sway the markets in unforeseen ways. Factors such as potential interest rate cuts from the Federal Reserve, the looming specter of a US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Foreign Buying of Japanese Bonds for the period ending December 23rd came in at -¥167.4B, and Foreigners Buying of Japanese Stocks at -¥120.0B. Forex traders can compare this to Foreign Buying of Japanese Bonds for the period ending December 16th, reported at ¥2,286.3B, and Foreigners Buying of Japanese Stocks at ¥273.1B. Preliminary Japanese Industrial Production for November decreased by 0.9% monthly and 1.4% annualized. Economists predicted a drop of 1.6% and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla stock remains a top choice for growth investors, given its vast potential in various areas such as robot taxis, full self-driving vehicles, and other innovations envisioned by CEO Elon Musk. The market opportunities for Tesla are extensive and exciting. However, a significant portion of its anticipated growth is already reflected in the current stock valuation. Tesla, being an electric vehicle (EV) manufacturer, carries an exceptionally high premium based solely on future...
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 -5. Today’s trading session is light on economic data globally, and trading volume should be below average due to many traders taking extended time off during the Christmas holidays and New Year. The US Richmond Fed Manufacturing Index is likely to show the underlying trend of weakness, reinforced by...