Source: PaxForex Premium Analytics Portal, Fundamental Insight The Reserve Bank of New Zealand cut interest rates by 50 basis points from 5.25% to 4.75%, matching market expectations for a jumbo cut. Forex traders can compare this to the Reserve Bank of New Zealand’s previous interest rate announcement, where the central bank surprised markets with a 25 basis point interest rate cut from 5.50% to 5.25%. US Final Wholesale Inventories for August are predicted to increase by 0.2% monthly. Forex traders can compare this to US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Oracle has had an outstanding year, delivering a 62% return to investors and emerging as one of the top-performing tech stocks in the S&P 500 for 2024. The company's impressive growth is fueled by strong demand for its cloud services, which are crucial for enterprises scaling their AI infrastructure. As Oracle's earnings momentum continues to build, investors are optimistic about the stock's potential heading into 2025 and beyond. Could Oracle achieve a trillion...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Westpac Consumer Confidence for October rose 6.7% monthly. Forex traders can compare this to Australian Westpac Consumer Confidence for September, which decreased by 0.5% monthly. Australian ANZ Job Advertisements for September rose 1.6% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for August, which dropped 1.8% monthly. Australian NAB Business Conditions for September came in at 7, and Australian NAB Business Confidence was at -...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel, one of the largest chipmakers globally, has experienced a dramatic decline, losing over half of its market value in the past five years. The company has faced significant hurdles, including production delays, chip shortages, and fluctuating strategic decisions under various CEOs. However, with Intel's stock trading at its lowest levels in more than a decade, the question arises: is it worth investing in now? As the leading producer of x86 CPUs for PCs and servers,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Factory Orders for August plunged 5.8% monthly. Economists predicted a decrease of 1.8%. Forex traders can compare this to German Factory Orders for July, which increased 3.9% monthly. Eurozone Sentix Investor Confidence for October is predicted at -14.6. Forex traders can compare this to Eurozone Sentix Investor Confidence for September, reported at -15.4. Eurozone Retail Sales for August are predicted to increase by 0.2% monthly. Forex traders can compare this to...
