Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for October decreased 0.3% monthly and 2.9% annualized. Economists predicted an increase of 1.0% and a decrease of 2.0%. Forex traders can compare this to German Retail Sales for September, which decreased 1.9% monthly and 0.6% annualized. The Spanish Markit Manufacturing PMI for November is predicted at 57.9. Forex traders can compare this to the Spanish Markit Manufacturing PMI for October, reported at 57.4. The Italian Markit/ADACI Manufacturing PMI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of HP climbed 10% to a new all-time high following the company`s Q4 financial results last week. The company's revenue increased 9% from a year earlier to $16.7 billion, surpassing forecasts by $1.3 billion. Adjusted earnings rose 52% to $0.94 per share, six cents exceeding expectations. HP did not provide exact earnings estimates for fiscal 2022 but foresees adjusted EPS to grow 8%-14% in the first quarter and 7%-13% for the full year. The averages of both...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Building Approvals for October decreased 12.9% monthly, and Private House Approvals increased 4.3% monthly. Forex traders can compare this to Australian Building Approvals for September, which decreased 3.9% monthly, and Private House Approvals, which decreased 16.0% monthly. The Australian Current Account Balance for the third quarter was reported at A$23.9B. Economists predicted a figure of A$27.8B. Forex traders can compare this to the Australian Current Account...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Microsoft recently became the subject of heated controversy following Satya Nadella selling more than half of his shares for about $285 million at the beginning of last week. As per an F-4 filing, the CEO sold 838,584 shares at prices ranging from $334.37 to $349.22, reducing his total stake to 830,791 shares. Should investors be worried about such an extensive deal? Let's go back to Nadella's achievements, his salary, and previous stock sales to come to some conclusion...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Retail Sales for October increased 1.1% monthly and 0.9% annualized. Economists predicted a decrease of 1.6% monthly and an increase of 1.1% annualized. Forex traders can compare this to Japanese Retail Sales for September, which increased 2.8% monthly and decreased 0.5% annualized. Australian Business Inventories for the third quarter decreased 1.9% quarterly, and Australian Company Gross Operating Profits increased 4.0% quarterly. Economists predicted a decrease of 0...