Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney Company may have a variety of businesses under its corporate aegis, but almost every one of them has been severely affected by the onset of the pandemic. Disney management quickly rebuilt, accelerating the launch of its streaming strategy (led by Disney+) and strengthening its balance sheet. Investors kept the faith through 2020, believing that tourism and travel would recover and, as a result, the company would have a tiered growth strategy for the future. But now...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of December 4th are predicted at 215K, and US Continuing Claims for the week of November 27th are predicted at 1,900K. Forex traders can compare this to US Initial Jobless Claims for the week of November 27th, reported at 222K, and US Continuing Claims for the week of November 20th, reported at 1,956K. US Wholesale Inventories for October are predicted to increase 2.2% monthly, and Wholesale Trade Sales by 1.0% monthly. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight On November 29, the Twitter stock made investors quite nervous following CEO Jack Dorsey`s abrupt announcement of his resignation. Dorsey's successor will be Parag Agrawal. Shares of the social network initially soared 11% after Dorsey's announcement but fell nearly 3% by the end of the day. Both supporters and opponents seem to be passionately divided over Dorsey's resignation, and Twitter is likely to remain one of the most debated stocks for the predictable...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms stock has declined markedly over the past few months. After popping a 52-week high of $384.33 three months ago, shares of this technology company have fallen more than 19%. Meta stock appears to be cooling off after a victorious 2020 and further strong gains this summer. The stock is also likely affected by increased media and government scrutiny of the company, as well as recent iOS changes that have negatively impacted Facebook's ad measurement and tracking...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Industrial Production for October increased 2.8% monthly. Economists predicted an increase of 0.8%. Forex traders can compare this to German Industrial Production for September, which decreased 0.5% monthly. The French Trade Balance for October is predicted at -€6.90B. Forex traders can compare this to the French Trade Balance for September, reported at -€6.78B. The German ZEW Survey Current Situation Index for December is predicted at 5.0, and the German ZEW...
