Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of eBay plummeted immediately after the release of its third-quarter financial results on Oct. 27, despite strong revenue and earnings numbers. Weak earnings forecasts came into focus as the ongoing store relaunch negated a temporary boost in online sales during the pandemic. However, during the peak of the COVID-19 crisis, new management made changes that could improve eBay's long-term prospects. The question for investors is whether the latest numbers indicate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Unemployment Rate for the third quarter was reported at 3.4%. Economists predicted an Unemployment Rate of 3.9%. Forex traders can compare this to the Unemployment Rate for the second quarter, reported at 4.0%. The Unemployment Change for the third quarter increased 2.0%. Economists predicted an increase of 0.4%. Forex traders can compare this to the Unemployment Change for the second quarter, which increased 1.0% quarterly. The Participation Rate for the third...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss CPI for October is predicted to increase 0.1% monthly and 1.1% annualized. Forex traders can compare this to the Swiss CPI for September, which increased 0.2% monthly and 0.9% annualized. The Spanish Markit Manufacturing PMI for October is predicted at 58.1. Forex traders can compare this to the Spanish Markit Manufacturing PMI for September, reported at 58.1. The Italian Markit/ADACI Manufacturing PMI for October is predicted at 59.7. Forex traders can compare this...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of Twitter dropped 11% last Wednesday after the management released a mixed Q3 earnings report. Revenue grew 37% year-over-year to $1.28 billion, which was in line with analysts` forecasts. But the company also posted a net loss of $537 million, or $0.67 per share, $0.85 below expectations, and down sharply from a net income of $29 million, or $0.04 per share, last year. That loss was due to a one-time $766 million in legal expenses to settle a class-action lawsuit that...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for September are predicted to increase 0.6% monthly and 1.8% annualized. Forex traders can compare this to German Retail Sales for August, which increased 1.1% monthly and 0.4% annualized. The Final US Markit Manufacturing PMI for October is predicted at 59.2. Forex traders can compare this to the US Markit Manufacturing PMI for September, reported at 60.7. US Construction Spending for September is predicted to increase 0.4% monthly. Forex traders can...
