Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Business PMI for December was reported at 53.7. Forex traders can compare this to the New Zealand Business PMI for November, reported at 50.6. New Zealand Permanent/Long-Term Migration for November was reported at 130. Forex traders can compare this to Permanent/Long-Term Migration for October, reported at 717. External Migration & Visitors for November increased 3.8% monthly. Forex traders can compare this to External Migration & Visitors for October,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight On Tuesday, Microsoft announced its intention to acquire video game giant Activision Blizzard in a deal worth $75 billion, or $68.7 billion based on Activision's net cash position. That corresponds to a price of $95 a share, up from Activision's share price of $65 last Friday, but still below Activision's 52-week high of $104.53. If the deal passes antitrust scrutiny, it could be a clever move. In fact, the deal is reminiscent of Warren Buffett's approach to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Consumer Inflation Expectations for January increased 4.4% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for December, which rose 4.8% annualized. The Australian Employment Change for December was reported at 64.8K and the Unemployment Rate at 4.2%. Economists predicted a figure of 43.3K and 4.5%. Forex traders can compare this to the Australian Employment Change for November, reported at 366.1K, and the Unemployment Rate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite the high valuation and declining stock price following the release of its Q4 and full-year 2021 earnings report, analysts still believe that JPMorgan Chase is the best-performing banking asset of its kind. After all, America's largest bank by asset size generated more than $125 billion in earnings on a managed basis in 2021. Still, the bank may struggle to deliver the returns investors have grown accustomed to in recent years because of some near-term adversity. And...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for December rose 0.5% monthly and 5.4% annualized. Economists predicted an increase of 0.3% and 5.2%. Forex traders can compare this to the UK CPI for November, which rose 0.7% monthly and 5.1% annualized. The Core CPI for December rose 0.5% monthly and 4.2% annualized. Economists predicted an increase of 0.2% and 3.9%. Forex traders can compare this to Core CPI for November, which rose 0.5% monthly and 4.0% annualized. The UK RPI for December rose 1.1% monthly and...
