Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Home Loans for November increased 7.6% monthly, and Investment Lending for Homes increased 3.8% monthly. Forex traders can compare this to Australian Home Loans for October, which decreased 4.1% monthly, and Investment Lending for Homes, which increased 1.1% monthly. The Chinese Trade Balance for December came in at $94.46B. Economists predicted a figure of $74.50B. Forex traders can compare this to the Chinese Trade Balance for November, reported at $71.72B. Exports...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In 2020, online commerce businesses thrived due to the pandemic and corresponding government lockdown orders. That was the momentum with which Amazon, one of the biggest players in the industry, began 2021. Nevertheless, the tech giant lagged the market last year, and some aspects probably contributed to Amazon's poor performance in 2021. Foremost, investors largely abandoned so-called "pandemic companies," and as a result, many of these companies had a terrible...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Building Permits for November increased 0.6% monthly. Forex traders can compare this to New Zealand Building Permits for October, which decreased 2.1% monthly. Japanese Money Stock M2+CD for December increased 3.7% annualized, and Japanese Money Stock M3 was reported at ¥2,010.9T. Forex traders can compare this to Japanese Money Stock M2+CD for November, which increased 4.0% annualized, and to Japanese Money Stock M3, reported at ¥2,008.2T. Japanese...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple has just become the first company whose market capitalization has reached $3 trillion. The company's stock lately reached new highs on the back of robust iPhone 13 sales, but there is more in store. Experts predict the tech titan to release two new products in the next several years, even a foldable phone. Apple is still in growth mode, with annual free cash flow approaching $100 billion a year. Next, we'll tell you why it's worth buying stock to start 2022....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Technology sector remains under selling pressure as Treasury yields continue to rise, inflation heats up, and the US Fed plots the course for monetary tightening. With up to four interest rates hikes for 2022, an accelerated end to monthly liquidity injections, and a potential of balance sheet reductions, borrowing costs will rise. The Technology sector may suffer the most, especially given its unrealistic and unwarranted valuations. The fourth-quarter earnings season will...
