Source: PaxForex Premium Analytics Portal, Fundamental Insight The US Trade Balance for February is predicted at -$88.50B. Forex traders can compare this to the US Trade Balance for January, reported at -$89.70B. Economists predict the US Final Markit Services PMI for March at 58.9 and the US Final Markit Composite PMI at 58.5. Forex traders can compare this to the US Markit Services PMI for February, reported at 56.5, and the US Markit Composite PMI reported at 55.9. The US ISM Non-Manufacturing PMI for March is predicted at 58.4. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T has spent lots of time and money to turn itself into a media giant. The company acquired DirecTV to strengthen its video business, and after almost two years of litigation, it acquired Time Warner in 2018. Time Warner, now known as WarnerMedia, brought with it valuable properties including Warner Bros., HBO, and Turner. But it never operated as part of AT&T, and the huge debt created by the AT&T deals made the company much more vulnerable. Less than four years...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Following three weeks of gains from depressed levels, the Dow Jones 30 ended its advance and initiated the first phase of a potentially broader reversal. Markets appreciated last Friday’s NFP report, despite missing expectations, which also increased the potential for a 50 basis point increase during the next central bank meeting. The Federal Reserve remains behind the inflationary curve after failing to realize inflationary pressures during the height of the Covid-19...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Few companies have made more of an impact on consumers' daily lives over the past two decades than Amazon. The company has gone from an online bookstore to a one-stop store for just about anything. Before Amazon Prime, two-day shipping was affluence no one realized they needed. Right now it's hard to imagine life without it. Amazon has expanded far beyond its original e-commerce business. It has an Amazon Web Services (AWS) cloud infrastructure business, an...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Economists predict the Swiss CPI for March to increase 0.5% monthly and 2.4% annualized. Forex traders can compare this to the Swiss CPI for February, which rose 0.7% monthly and 2.2% annualized. The Swiss Manufacturing PMI for March is predicted at 60.5. Forex traders can compare this to the Swiss Manufacturing PMI for February, reported at 62.6. The US NFP Report for March is predicted to show 490K job additions and an unemployment rate of 3.7%. Forex traders can compare this...
