Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final German CPI for August was reported flat at 0.0% monthly and increased 3.9% annualized. Economists predicted a flat reading of 0.0% and an increase of 3.9% annualized. Forex traders can compare this to the German CPI for July, which increased 0.9% monthly and 3.8% annualized. The Final EU Harmonized German CPI for August increased 0.1% monthly and 3.4% annualized. Economists predicted an increase of 0.1% and 3.4%. Forex traders can compare this to the EU Harmonized...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple stock has risen about 48,660% over the past two decades and recently reached a new all-time high. Apple was once considered an outsider in the technology sector, but under Steve Jobs' leadership, it launched the iPod, iPhone, and iPad and became one of the most expensive technology companies in the world. After Job died in 2011, Apple continued to grow under Tim Cook, releasing new iPhones, new hardware devices such as the Apple Watch, and expanding its ecosystem of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The South African Current Account for the second quarter is predicted at ZAR305.1B, and to the Current Account Percentage of GDP at 4.90%. Forex traders can compare this to the South African Current Account for the first quarter, reported at ZAR267.3B, and the Current Account Percentage of GDP at 5.00%. South African Manufacturing Production for July is predicted to decrease 3.0% monthly and increase 3.6% annualized. Forex traders can compare this to South African Manufacturing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Within the previous couple of years, General Electric has been continually selling assets trying to streamline the business, withdraw less beneficial business divisions, and optimize its weakened financial performance. GE's Power division has been a key focus of this restructuring since the segment's revenues and profits plunged a few years ago. GE has made significant progress over the past few years in streamlining its power business, which has led to enhanced results...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Bitcoin crashed more than 10%, wiping billions from portfolios globally, on the day El Salvador made it a legal tender. Protest erupted across one of Latin America’s poorest nations, but the situation stabilized throughout the day. It will take time for the Bitcoin experiment to yield results, but high transaction costs and slow processing times remain an issue. Following the collapse in price action, selling pressure faded, and it offered patient investors a potential...
