Source: PaxForex Premium Analytics Portal, Fundamental Insight Positive news surrounding Litecoin in personal finance will continue to drive fundamental bullishness into 2022. In October, fintech firm Unbanked launched a virtual Litecoin Visa debit card. It allows users to spend Litecoin online everywhere Visa is an accepted payment method. Clients must pass a KYC procedure as part of the process. Another positive development is the Verifone partnership with BitPay, creating a payment network spanning the globe, supporting Litecoin...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As you know, Disney World is getting ready for the holiday tour season, and an influx of guests at levels not seen in two years. Recently, the media titan's theme parks have been a positive aspect of its financial performance. The parks, entertainment, and products segment stunned analysts by returning to profitability two quarters ago, and park revenues virtually tripled in the quarter ended Oct. 2. There may have been some obstacles along the way, but the House of Mickey...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Westpac Consumer Confidence for the fourth quarter was reported at 99.1. Forex traders can compare this to New Zealand Westpac Consumer Confidence for the third quarter, reported at 102.7. The New Zealand Trade Balance for November was reported at -NZ$864M monthly and at -NZ$6,040M annualized. Forex traders can compare this to the New Zealand Trade Balance for October, reported at -NZ$1,302M monthly and -NZ$4,900M annualized. Exports for November were reported at NZ...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors who prefer technology and growth stocks are probably aware of the sell-off that has affected small and mid-sized stocks in the face of inflation. Numerous NASDAQ stocks are down 30%, 50%, 75% from their highs. At the same time, tech giant Apple is near 52-week highs and up 40% in the last twelve months, a sign that investors are selling smaller, riskier stocks and buying big, well-positioned stocks like Apple. Beware: herd mentality can be dangerous to your portfolio...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Bank of Japan decided to keep interest rates at -0.10%. Forex traders can compare this to the previous Bank of Japan interest rate decision where interest rates were left unchanged at -0.10%. The German PPI for November increased 0.8% monthly and 19.2% annualized. Economists predicted an increase of 1.4% and 19.9%. Forex traders can compare this to the German PPI for October, which increased 3.8% monthly and 18.4% annualized. The German IFO Business Climate Index for...
