Source: PaxForex Premium Analytics Portal, Fundamental Insight General Electric's upcoming earnings report is unlikely to bring any major surprises. After all, management usually gives broad forecasts, and CEO Larry Culp spoke at length about trading conditions at a conference in mid-September. However, the heart of the matter lies in the details. Investors will be very interested in putting the pieces together and building a picture for 2022 and beyond. Here's what to expect from GE when it reports earnings on Oct. 26. GE's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Trade Balance for September was reported at -¥622.8B. Economists predicted a figure of -¥519.2B. Forex traders can compare this to the Japanese Trade Balance for August, reported at -¥637.2B. The Japanese Adjusted Trade Balance for September was reported at -¥0.62T. Forex traders can compare this to the Japanese Adjusted Trade Balance for August, reported at -¥0.34T. Exports for September increased 13.0% annualized, and Imports increased 38.6%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel will have another chance to breathe life into its dropping stock when it reports its third-quarter results on Thursday, Oct. 21. The chip giant's stock has lagged the broader market this year, though it started brightly, as problems in the personal computer and data center business intensified due to stiff competition from companies like Advanced Micro Devices. Let's take a look at what we can expect from Intel's upcoming quarterly report and decide if the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Cryptocurrency traders will get their long-awaited Bitcoin ETF today. After the SEC approved the ProShares Bitcoin Strategy ETF, retail trades pushed Bitcoin to new all-time highs. While the excitement is understandable, caution is advised before jumping into headline trading. The ETF, under the ticker BITO, will start trading on the New York Stock Exchange. It will invest and track Bitcoin futures contracts and not purchase the cryptocurrency directly. A futures contract is a...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand CPI for the third quarter increased 2.2% quarterly and 4.9% annualized. Economists predicted an increase of 1.4% and 4.1%. Forex traders can compare this to the New Zealand CPI for the second quarter, which increased 1.3% quarterly and 3.3% annualized. New Zealand RBNZ Offshore Holdings for September were reported at 48.60%. Forex traders can compare this to New Zealand RBNZ Offshore Holdings for August, reported at 47.7%. Canadian Housing Starts for September...
