Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for March dropped 12.6% monthly and rose 3.4% annualized. Economists predicted a decrease of 3.9% and a rise of 3.5%. Forex traders can compare this to Singapore Industrial Production for February, which rose 16.6% monthly and 17.6% annualized. US Preliminary Durable Goods Orders for March are predicted to increase by 1.0% monthly, and Durables Excluding Transportation by 0.6% monthly. Forex traders can compare this to US Durable Goods Orders for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T's stock price increased 4% on April 21 following the telecom giant's Q1 earnings report. It was AT&T's first earnings report since the spin-off of Warner Bros. Discovery, which was completed on April 8 and finally put an end to the upside-down media expansion plans. AT&T's revenue dropped 13 percent YoY to $38.1 billion, $190 million below analysts' forecasts. The decline reflects the spin-off and sale of DirecTV, Vrio, Xandr, and Warner...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Following Friday’s massive sell-off in equity markets, forcing the Dow Jones down by almost 1,000 points, capital flight sent asset prices tumbling, including gold. With a light economic calendar to start the new trading week, traders should brace for more selling, especially if the German IFO data disappoints. The German IFO Business Climate Index for April is predicted at 89.1, the German IFO Current Assessment Index at 95.8, and the German IFO Expectations Index at 83.5...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola shareholders are in for a volatile trading week. The beverage giant is scheduled to report its first fiscal quarter results before the market opens on Monday, April 25. There will be no shortage of important questions before that announcement, including whether the company continues to regain market share after losing it in the earlier stages of the pandemic. Coke executives will also add context about rising costs and consumer reaction to higher prices. Let's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for March decreased 1.4% monthly and increased 0.9% annualized. Economists predicted a drop of 0.3% and a rise of 2.8%. Forex traders can compare this to UK Retail Sales for February, which contracted 0.5% monthly and expanded 7.2% annualized. UK Core Retail Sales for March decreased 1.1% monthly and 0.6% annualized. Economists predicted a drop of 0.4% and an increase of 0.7%. Forex traders can compare this to UK Core Retail Sales for February, which contracted 0...
