Source: PaxForex Premium Analytics Portal, Fundamental Insight Cisco Systems is often considered a mature technology stock, and many of its shareholders are looking for stability and earnings rather than growth. In contrast to that trend, the network technology leader's stock price has risen more than 40 percent in the past 12 months and has exceeded both the S&P 500 and the Nasdaq Composite. The stocks of Cisco also remained flat after the company unveiled new purposes for the next four years at Investor Day last Wednesday. Let...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for October increased 0.8% monthly and decreased 1.3% annualized. Economists predicted an increase of 0.5% and a decrease of 2.0%. Forex traders can compare this to UK Retail Sales for September, which decreased 0.2% monthly and 0.6% annualized. UK Core Retail Sales for October increased 1.6 % monthly and decreased 1.8% annualized. Economists predicted an increase of 0.6% and a decrease of 3.1%. Forex traders can compare this to UK Core Retail Sales for September...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Recently, the management of electric vehicle (EV) manufacturer Tesla made headlines again after CEO Elon Musk carried out a poll on whether he should sell 10% of Tesla stock. According to the survey, Musk sold about $5 billion worth of stock (which is about 2.6 percent of his stock after exercising his options). Those who have been following Tesla stock for a long time have often seen its price fluctuate dramatically depending on news or Musk's tweets. Musk's last stock...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Trade Balance for October was reported at CHF5.651B. Forex traders can compare this to the Swiss Trade Balance for September, reported at CHF5.010B. US Initial Jobless Claims for the week ending November 13th are predicted at 260K, and US Continuing Claims for the week ending November 6th are predicted at 2120K. Forex traders can compare this to US Initial Jobless Claims for the week ending November 6th, reported at 267K, and US Continuing Claims for the week ending...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since brand-new CEO Jane Fraser took the helm at Citigroup earlier this year, the company has embarked on a multi-year strategy refresh. It includes fixing regulatory problems, simplifying the bank, investing in businesses where the bank has impulse and scale, and ultimately improving profitability to become better than its competitors. While progress on these efforts seems slow at times this year - and the stock has been a bit slow as opposed to rivals - the view of Fraser and...
