Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese BSI Large Manufacturing Conditions for the fourth quarter came in at 5.7. Economists predicted a reading of 5.6. Forex traders can compare this to Japanese BSI Large Manufacturing Conditions for the third quarter, reported at 5.4. Japanese Money Stock M2 for November increased by 2.3% annualized, and Japanese M3 Money Supply came in at ¥2,121.5T. Forex traders can compare this to Japanese Money Stock M2 for October, which rose by 2.4% annualized, and Japanese...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In recent times, Bank of America hasn't been a stellar stock, underperforming the S&P 500 in the one-, three-, five-, and 10-year periods. The discouragement extends into 2023, with a notable 8% decline as of December 7. However, as we contemplate the future, the question arises: should investors buy, sell, or hold this sizable bank stock? Let's explore the arguments on all sides. Starting with the case to buy and hold, there are compelling reasons for both new...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for November is predicted to show 180K job additions and an unemployment rate of 3.9%. Forex traders can compare this to the US NFP Report for October, which showed 150K job additions and an unemployment rate of 3.9%. Private Payrolls for November are predicted to show 153K job additions and Manufacturing Payrolls 30K job gains. Forex traders can compare this to Private Payrolls for October, which showed 99K job additions, and Manufacturing Payrolls, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight ExxonMobil | Fundamental Analysis ExxonMobil, traditionally a major player in the production of carbon-intensive fossil fuels, is undergoing a transformative shift that could reshape its financial landscape by the end of this decade. With an increasing commitment to mitigating emissions and diversifying into lower-carbon ventures, the oil giant anticipates substantial returns on these investments by 2030. In a recent update to its corporate plan, ExxonMobil outlined a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Foreign Buying of Japanese Bonds for the period ending December 2nd came in at ¥64.5B, and Foreigners Buying of Japanese Stocks at -¥358.3B. Forex traders can compare this to Foreign Buying of Japanese Bonds for the period ending November 25th, reported at -¥84.3B, and to Foreigners Buying of Japanese Stocks at ¥4.5B. Japanese Foreign Reserves for November came in at $1,269.7B. Forex traders can compare this to Japanese Foreign Reserves for October, reported at...