Source: PaxForex Premium Analytics Portal, Fundamental Insight Ripple continues its legal battle with the SEC. It has not deterred traders, as they cheer company efforts in taking on the US government. The legal team may have gained a temporary upper hand after noting that Bill Hinman, the former director of the SEC’s Division of Corporate Finance, outlined in a 2018 speech that Ethereum is not a security. The SEC countered that Hinman voiced his opinion and not the SEC, while Ripple claims it discovered an e-mail chain contradicting...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for September is predicted to show 500K job additions and an unemployment rate of 5.1%. Forex traders can compare this to the US NFP Report for August, which showed 235K job additions and an unemployment rate of 5.2%. Private Payrolls for September are predicted to show 455K job additions and Manufacturing Payrolls 25K job additions. Forex traders can compare this to Private Payrolls for August, which showed 243K job additions, and Manufacturing Payrolls, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The positive news from Tesla continues with the latest production numbers. In the third quarter of 2021, deliveries exceeded analysts' expectations by several thousand vehicles. At the same time, its market value remains huge, and along with loyal fans, the company has a vast army of detractors predicting a stock price collapse. Do skeptics have reason to believe that Tesla is living on borrowed time until its share price adjusts to a more "realistic" level? Or...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Unemployment Rate for September is predicted at 2.8%, and the Seasonally Adjusted Unemployment Rate at 2.8%. Forex traders can compare this to the Swiss Unemployment Rate for August, reported at 2.7%, and the Seasonally Adjusted Unemployment Rate, reported at 2.9%. US Initial Jobless Claims for the week of October 2nd are predicted at 348K, and US Continuing Claims for the week of September 25th are predicted at 2,780K. Forex traders can compare this to US Initial...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past few weeks, Facebook has been in the headlines for all the wrong reasons. In mid-September, The Wall Street Journal began publishing a series of investigative articles called "The Facebook Files," which criticized the social media giant for its business practices. These publications coincided with the surprise announcement that Facebook Chief Technology Officer Mike Schroepfer, who has held the position for 13 years, would step down next year. Schroepfer...
