Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for November was reported at -49.8K. Forex traders can compare this to the UK Jobless Claims Change for October, reported at -14.9K. The UK Employment Change for the tri-monthly period ending in October was reported at 149K, and the ILO Unemployment Rate was reported at 4.2%. Economists predicted a reading of 228K and 4.2%. Forex traders can compare this to the UK Employment Change for September, reported at 247K, and the ILO Unemployment Rate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Citigroup CFO Mark Mason lately visited the GS financial services conference and noted that the bank would suspend its share buybacks in Q4. This hidden comment took many shareholders by surprise. Part of the thesis of needing to own Citigroup now is that the bank can buy back a large number of shares as long as the stock is trading below book value (TBV), which is what the bank would be worth if it were liquidated. In case a bank buys back shares below TBV, the math works so...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Permanent/Long-Term Migration for October was reported at 814. Forex traders can compare this to Permanent/Long-Term Migration for September, reported at 567. External Migration & Visitors for October decreased 27.3% monthly. Forex traders can compare this to External Migration & Visitors for September, which decreased 58.1% monthly. The Tankan Large Manufacturers Index for the fourth quarter was reported at 18. Economists predicted a figure of 19. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple stock hit an all-time high last week right after several noteworthy analysts made encouraging forecasts about the tech giant's future. Wedbush analyst said that worldwide demand for the iPhone 13 still exceeds supply by about 10 million units, that holiday sales will be strong, and that the upcoming launch of the augmented reality (AR) headset will significantly boost Apple sales and profits in 2022. Katy Huberty of Morgan Stanley said that Apple's price does not...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK GDP for October increased 0.1% monthly, 0.9% for the three-month-over-three-month period ending in October, and 4.6% annualized. Economists predicted an increase of 0.4%, 1.0%, and 4.9%. Forex traders can compare this to the UK GDP for September, which increased 0.6%, 1.3% for the three-month-over-three-month period ending in September, and 5.3% annualized. UK Construction Output Seasonally Adjusted for October decreased 1.8% monthly and increased 3.2% annualized....
