Source: PaxForex Premium Analytics Portal, Fundamental Insight Ethereum (ETH) is the second-largest cryptocurrency by market capitalization, which at the time of writing is over $314 billion. Recently, there has been a lot of media coverage and discussion about various cryptocurrencies, which have been called "Ethereum killers," regarding the leading players in cryptocurrency smart contracts. These coins should collectively outperform ETH because they can process more transactions per second than the Ethereum network, and at a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for January is predicted to show 150K job additions and an unemployment rate of 3.9%. Forex traders can compare this to the US NFP Report for December, which showed 199K job additions and an unemployment rate of 3.9%. Private Payrolls for January are predicted to show 150K job additions and Manufacturing Payrolls 25K job additions. Forex traders can compare this to Private Payrolls for December, which showed 211K job additions, and Manufacturing Payrolls 26K...
Source: PaxForex Premium Analytics Portal, Fundamental Insight When Verizon spent $52.9 billion in March 2021 to acquire a C-band spectrum (to be used for 5G networks), many investors thought the move was reckless. 5G spectrum was needed, but the huge cost was mind-boggling for what could have been a marginal increase in network performance for smartphones. Earlier this month, Verizon demonstrated why it made the investment in 5G by announcing that 5G would be available to 100 million people this month. But it's not just about faster...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Spanish Markit Services PMI for January is predicted at 51.5. Forex traders can compare this to the Spanish Markit Services PMI for December, reported at 55.8. The Italian Markit Services PMI for January is predicted at 50.0. Forex traders can compare this to the Italian Markit Services PMI for December, reported at 53.0. The Final French Markit Services PMI for January is predicted at 53.1, and the Final French Markit Composite PMI at 52.7. Forex traders can compare this...
Source: PaxForex Premium Analytics Portal, Fundamental Insight International Business Machines turned in a positive direction after its first quarterly earnings report following the spinoff of Kyndryl Holdings. After regularly underperforming earnings growth in past quarters, the company delivered on its promise to deliver "single-digit" earnings growth. The tech giant has endured years of struggle trying to transform itself into a cloud company, and it took nearly two years under CEO Arvind Krishna. Now that the company is more...
