Source: PaxForex Premium Analytics Portal, Fundamental Insight IBM recently reached a major achievement in its multi-year reorganization. In November, IBM completed the spin-off of parts of its old segments into a new publicly-traded company called Kyndryl Holdings. IBM made the move to focus on the parts of its business that are centered around cloud computing and artificial intelligence technology. Now that the spin-off is complete, is it the right time to stock up IBM stocks? To answer that question, we need to find out how the loss of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore CPI for November increased by 3.8% annualized. Economists predicted an increase of 3.4%. Forex traders can compare this to the Singapore CPI for October, which increased 3.2% annualized. US Initial Jobless Claims for the week of December 18th are predicted at 205K, and US Continuing Claims for the week of December 11th are predicted at 1,820K. Forex traders can compare this to US Initial Jobless Claims for the week of December 11th, reported at 206K, and to US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The market was on the upswing yesterday as receding fears of Omicron strain and renewed expectancy for the "Build Back Better" bill led to significant gains in stocks. Amid all the exciting moves in battered cyclical stocks and small-cap stocks, another important story -- actually, two stories -- surrounding technology star Microsoft may have slipped past your attention. These headlines were not only important in and of themselves, but also in terms of what they...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The final UK GDP for the third quarter is predicted to increase 1.3% quarterly and 6.6% annualized. Forex traders can compare this to the UK GDP for the second quarter, which increased 5.5% quarterly and 23.6% annualized. Final UK Total Business Investment for the third quarter is predicted to increase 0.4% quarterly and 0.8% annualized. Forex traders can compare this to the UK Total Business Investment for the second quarter, which increased 4.5% quarterly and 12.9% annualized...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As we know, electric vehicles are cheaper to operate, maintain, and more environmentally friendly. These advantages look even better when combined with tax credits, a tactic that a growing number of governments are employing to reduce carbon emissions. No surprise, the industry is growing rapidly, with EV sales expected to grow to 6.4 million units this year, a 98% increase over the previous year. Few companies have taken advantage of that trend as Tesla. Over the past three...
