Source: PaxForex Premium Analytics Portal, Fundamental Insight Cisco Systems' stock price is up about 7 percent over the past three months, even as worries about inflation, rising interest rates, and geopolitical tensions have weighed on the technology sector. Shares of the networking giant also continued to rise after the company's management presented a strong second-quarter report last week. So should investors consider Cisco a safe investment in this volatile market? In Q2 of fiscal 2022, Cisco's revenues rose 6 percent...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore CPI for January came in flat at 0.0% monthly and increased 4.0% annualized. Forex traders can compare this to the Singapore CPI for December, which rose 0.5% monthly and 3.2% annualized. The Singapore Core CPI for January expanded by 2.4% annualized. Economists predicted an increase of 2.5%. Forex traders can compare this to the Singapore Core CPI for December, which increased by 2.1% annualized. The German GfK Consumer Confidence Survey for March came in at -8.1...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With the cryptocurrency bullishness of last week gone, the sector joined global financial markets in their match towards a potentially prolonged correction. The latest developments surrounding the Ripple legal battle with the SEC are one area of interest. The SEC claims its warned Ripple executives before the launch of their token sale that the regulator would classify it as a security sale, known as fair notice. District Judge Analisa Torres ruled that Ripple has to make public...
Source: PaxForex Premium Analytics Portal, Fundamental Insight eBay was one of the main beneficiaries at the beginning of the pandemic. People turned to the e-commerce and auction site for items they needed and wanted to buy, avoiding in-person purchases. Now the trend is shifting in eBay's favor as the economy around the world recovers. Against this backdrop, the company plans to report Q4 earnings tomorrow. While long-term investors don't usually buy and sell stocks based on short-term events, some employ earnings reports as...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Australian Manufacturing PMI for February came in at 57.6, the Preliminary Australian Services PMI at 56.4, and the Preliminary Australian Composite PMI at 55.9. Forex traders can compare this to the Australian Manufacturing PMI for January, reported at 55.1, the Australian Services PMI at 46.6, and the Australian Composite PMI at 46.7. The German PPI for January increased 2.2% monthly and 25.0% annualized. Economists predicted an increase of 1.5% and 24.2%....
