Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors have been increasingly interested in Amazon over the past month after the e-commerce and cloud computing giant announced that it would make a 20-to-1 stock split on June 6. As we know, stock splits often intrigue investors because they result in a lower price per share, making it technically easier for a wider range of people to buy the stock. But these days, such events are less important, as many brokerage accounts allow investors to buy fractional shares. More...
Source: PaxForex Premium Analytics Portal, Fundamental Insight A bear market rally across financial assets saw cryptocurrencies recover, but bearish pressures remain intact, and traders should brace for fresh 2022 and multi-year lows. The D1 chart on Ethereum shows an inverse flag formation, a bearish continuation pattern, which could result in a 40%+ downside from current levels. With equity markets in a bear market, margin calls may result in the forced selling of non-essential assets. Cryptocurrencies occupy the number one spot except...
Source: PaxForex Premium Analytics Portal, Fundamental Insight eBay is still working to provide favorable ground. The online retailer recently reported another quarter of weakening growth numbers as e-commerce slows after a surge in demand in 2021. In addition, management predicts further declines in 2022. However, the company has some good news for investors, including growing volume in several key niches, as well as solid cash flow. These positives suggest that the company could return to a more normal pace of sales and profits by 2023...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final French CPI for April is predicted to rise 0.4% monthly and 4.8% annualized. Forex traders can compare this to the French CPI for March, which increased 1.4% monthly and 4.5% annualized. The Final French Harmonized CPI for April is predicted to expand 0.5% monthly and increase 5.4% annualized. Forex traders can compare this to the French Harmonized CPI for March, which rose 1.6% monthly and 5.1% annualized. The Final Spanish CPI for April is predicted to decrease 0.1%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Permanent/Long-Term Migration for March came in at 1,177. Forex traders can compare this to Permanent/Long-Term Migration for February, reported at -937. External Migration & Visitors for March increased 517.0% monthly. Forex traders can compare this to External Migration & Visitors for February, which decreased 1.2% monthly. New Zealand Food Prices for April increased 0.1% monthly. Forex traders can compare this to New Zealand Food Prices for March, which...
