Source: PaxForex Premium Analytics Portal, Fundamental Insight Down 29% over the year, the Nasdaq Composite Index is in a bear market, so now is potentially a good time to bet on quality companies trading at a low price. Amazon, which just completed its long-awaited stock split, could be a good fit. Here are a few reasons why the e-commerce giant can expect long-term success. The stock is relatively cheap A stock split is when a company divides the number of its shares by a predetermined number without changing the market value (...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German Trade Balance for May is predicted at €2.7B. Forex traders can compare this to German Trade Balance for April, reported at €3.5B. Exports for May are predicted to increase by 0.9% monthly and Imports by 0.9% monthly. Forex traders can compare this to Exports for April, which rose 4.4% monthly, and Imports which expanded 3.1% monthly. The Swiss CPI for June is predicted to increase 0.3% monthly and 3.2% annualized. Forex traders can compare this to the Swiss...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Jobless Rate for May came in at 2.6%, and the Job-to-Applicant Ratio at 1.24. Economists predicted a figure of 2.5% and 1.24. Forex traders can compare this to the Japanese Jobless Rate for April, reported at 2.5%, and to the Job-to-Applicant Ratio at 1.23. The Tankan Large Manufacturers Index for the second quarter came in at 9, and the Tankan Large Manufacturers Outlook at 10. Economists predicted a figure of 13 and 14. Forex traders can compare this to the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight There have been some notable changes in the annual update of the popular Russell 1000 Index. One of them for investors is the increase in the weight of Meta Platforms, onetime Facebook, in the Russell 1000 Value Index. The social media behemoth now ranks fifth in weight in the index. Here's how a once-dynamic stock ended up so heavily weighted in the value index, and what that indicates for investors. The Russell 1000 Index consists of the 1,000 largest U.S. companies by...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand ANZ Activity Outlook for June decreased by 9.1%, and ANZ Business Confidence came in at -62.6. Forex traders can compare this to the New Zealand ANZ Activity Outlook for May, which dropped 4.7%, and to ANZ Business Confidence, reported at -55.6. The Chinese Non-Manufacturing PMI for June came in at 54.7, and the Chinese Manufacturing PMI at 50.2. Forex traders can compare this to the Chinese Non-Manufacturing PMI for May, reported at 47.8, and the Chinese...
