Source: PaxForex Premium Analytics Portal, Fundamental Insight French Consumer Spending for December increased 0.2% monthly. Economists predicted an increase of 0.2%. Forex traders can compare this to French Consumer Spending for November, which increased 0.9% monthly. The Preliminary French GDP for the fourth quarter increased 0.7% quarterly and 5.4% annualized. Forex traders can compare this to the third-quarter GDP, which increased 3.1% quarterly and 3.5% annualized. The German Import Price Index for December increased 0.1% monthly and...
Boeing has repeatedly disappointed investors and customers over the past few years. Since the beginning of 2019 alone, most of the company's major revenue-generating aviation and defense programs have faced significant setbacks. On Wednesday, when Boeing reported Q4 results, investors were once again disappointed. The aerospace giant recorded a huge quarterly loss and offered a poor outlook for 2022. Boeing's earnings were $14.8 billion, down from $15.3 billion a year earlier. That far beat even analysts' most pessimistic...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The South African PPI for December is predicted to increase 0.8% monthly and 10.2% annualized. Forex traders can compare this to the South African PPI for November, which increased 1.4% monthly and 9.6% annualized. The South African Reserve Bank is expected to raise interest rates by 25 basis points from 3.75% to 4.00%. Forex traders can compare this to the previous South African Reserve Bank meeting, where interest rates remained unchanged at 3.75%. US Initial Jobless Claims...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple will release its fiscal 2022 Q1 results today after the market closes, and investors are hopeful that the company will show good results to stop the stock's decline. Apple stock is down in 2022 because of a hawkish stance by the Federal Reserve, which could lead to four interest rate hikes in 2022 to keep inflation under control. Apple CEO Tim Cook noted during an earnings conference call in October that the company lost about $6 billion in revenue in the fourth...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for December increased 4.3% monthly and 15.6% annualized. Economists predicted an increase of 0.9% and 12.0%. Forex traders can compare this to Singapore Industrial Production for November, which increased 1.8% monthly and 14.1% annualized. The US Trade Balance for December is predicted at -$96.10B. Forex traders can compare this to the US Trade Balance for November, reported at -$98.04B. US Preliminary Wholesale Inventories for December are...
