Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Consumer Inflation Expectations for December increased by 5.2% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for November, which rose 6.0% annualized. The Australian Employment Change for November came in at 64K, and the Unemployment Rate at 3.4%. Economists predicted a figure of 19.0K and 3.4%. Forex traders can compare this to the Australian Employment Change for October, reported at 43.1K, and the Unemployment Rate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Down more than 20% for the year, Chinese tech giant Alibaba Group has been unable to avoid the consequences of a bear market in 2022. Like many e-commerce companies, the company faces global macroeconomic challenges, such as inflation and a possible recession. But China-specific disadvantages are also another big challenge. Let's take a look at these factors and what they could mean for the company's prospects in the year ahead. Founded 23 years ago, Alibaba is the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Current Account Balance for the third quarter came in at -NZ$10.10B quarterly and -NZ$29.65B annualized, with the Current Account-to-GDP Ratio at -7.9%. Economists predicted a figure of -NZ$10.00B, -NZ$29.60B, and -8.0%. Forex traders can compare this to the New Zealand Current Account Balance for the second quarter, reported at -NZ$5.42B quarterly and -NZ$27.82B annualized, with the Current Account-to-GDP Ratio at -7.7%. Japanese Machine Orders for October rose...
Source: PaxForex Premium Analytics Portal, Fundamental Insight There is no segment of the stock market that has performed worse this year than the communications sector. Reportedly, shares of fixed-line, wireless, broadband, and cable carriers have collectively declined more than 38 percent this year, and have underperformed all others over the past three, five, and ten years. However, one company has managed to buck the trend: AT&T. There are a few peer companies that are doing better - T-Mobile, for example, is up 24% this year....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for November is predicted at 3.5K. Forex traders can compare this to the UK Jobless Claims Change for October, reported at 3.3K. The UK Employment Change for the tri-monthly period ending in October is predicted at -17K, and the ILO Unemployment Rate is predicted at 3.7%. Forex traders can compare this to the UK Employment Change for September, reported at -52K, and to the ILO Unemployment Rate at 3.6%. Average Weekly Earnings for the tri-monthly...
