Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Performance of Manufacturing Index for November came in at 44.7. Forex traders can compare this to the Australian AiG Performance of Manufacturing Index for October, reported at 49.6. The Final Australian S&P Global Manufacturing PMI for November came in at 51.3. Economists predicted a reading of 51.5. Forex traders can compare this to the Australian S&P Global Manufacturing PMI for October, reported at 52.7. Australian Private Capital Expenditure...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite being the third-largest U.S. company, Alphabet has had a bad year. The company's stock is down 31% this year, below both the Nasdaq Composite and the S&P 500. Despite that decline, doesn't that set the stage for growth next year? After all, you can't change the past, but you can invest in the future. So let's find out if Alphabet has the prerequisites for a recovery next year. First, let's break down how 2022 played out for Alphabet. Alphabet...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand ANZ Activity Outlook for November plunged 13.7%, and ANZ Business Confidence at -57.1. Forex traders can compare this to the New Zealand ANZ Activity Outlook for October, which decreased 2.5%, and to ANZ Business Confidence, reported at -42.7. The Chinese Non-Manufacturing PMI for November came in at 46.7, and the Chinese Manufacturing PMI at 48.0. Economists predicted a figure of 48.0 and 49.0. Forex traders can compare this to the Chinese Non-Manufacturing PMI...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon stock hit an all-time high of $186.57 on July 8, 2021, during the COVID-19 pandemic, when consumers were forced to stay home and rushed to the e-commerce giant for necessities. Since then, the company's stock has fallen 50 percent, hurt by a stock market sell-off in 2022. Amazon has been particularly hard hit as rising inflation has led to lower consumer spending. Investing in Amazon, which holds a large share of the e-commerce and cloud computing market, seems like...
Source: PaxForex Premium Analytics Portal, Fundamental Insight PC manufacturing is not a highly profitable business. There is a lot of competition, and outside of specialized segments such as gaming PCs, there is not much differentiation. A regular laptop from HP will be similar to a regular laptop from Dell or Lenovo. The pandemic has turned the PC industry upside down. Insatiable demand driven by work and learning from home, combined with constraints and shortages in the supply chain, created a favorable environment for HP and other PC...
