Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla has been in the spotlight lately, but not for the reasons you may assume. CEO Elon Musk is drawing a lot of attention to his interest in Twitter, which has drawn attention to Tesla for reasons that are mostly irrelevant to the actual business. Current or potential shareholders need to isolate the signal from the noise and concentrate on Tesla's business when making investment decisions. While the actions of its CEO are certainly noteworthy, there are other factors...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand CPI for the first quarter rose 1.8% quarterly and 6.9% annualized. Economists predicted an increase of 2.0% and 7.1%. Forex traders can compare this to the New Zealand CPI for the fourth quarter, which expanded 1.4% quarterly and 5.9% annualized. New Zealand RBNZ Offshore Holdings for March came in at 53.70%. Forex traders can compare this to New Zealand RBNZ Offshore Holdings for February, reported at 53.8%. US Initial Jobless Claims for the week of April 16th...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms investors are still recovering from the stock's colossal drop after last quarter's earnings report. The social media company fell short on some key metrics, but it was the 2022 outlook for the first quarter that really sent the stock into a downward spiral. How big of a shock was it? The day after the earnings release, Meta suffered the biggest loss (measured in market capitalization) in the history of the U.S. stock market. In the fourth quarter of 2021...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German PPI for March is predicted to rise 2.6% monthly and 28.2% annualized. Forex traders can compare this to the German PPI for February, which increases 1.4% monthly and 25.9% annualized. Eurozone Industrial Production for February is predicted to increase 0.7% monthly and 1.5% annualized. Forex traders can compare this to Eurozone Industrial Production for January, which was flat at 0.0% monthly and decreased by 1.3% annualized. Canadian CPI for March is predicted to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight After some very challenging times, ExxonMobil seems to be headed in the right direction. The decline in oil and gas demand caused by the pandemic has hit ExxonMobil harder than other oil companies, in part due to its high debt load and capital investment. But its remediation efforts, combined with rising oil prices, have largely lifted the company out of its predicament. Let's examine how ExxonMobil views itself ten years from now. ExxonMobil has historically delivered...
