Source: PaxForex Premium Analytics Portal, Fundamental Insight Home Depot, the home improvement retailer, has delivered impressive returns for investors over the past decade, growing 865% over that period, more than three times the returns of the broad market. The company is doing better than ever, thanks to a booming housing market that is driving demand for building and home improvement products. However, investors expecting the stock to repeat that performance are likely to be disappointed. There are several signs that Home Depot is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Manufacturing PMI for August is predicted at 67.3. Forex traders can compare this to the Swiss Manufacturing PMI for July, reported at 71.1. The US ADP Employment Change for August is predicted at 613K. Forex traders can compare this to the US ADP Employment Change for July, reported at 330K. US Construction Spending for July is predicted to increase 0.2% monthly. Forex traders can compare this to US Construction Spending for June, which increased 0.1% monthly. The US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Pfizer is no stranger to victories in the fight against the coronavirus. The pharmaceutical behemoth marked its first significant victory last December when the U.S. Food and Drug Administration (FDA) issued an emergency use authorization (EUA) for its vaccine. This made Pfizer the first company to bring the COVID-19 vaccine to market. Other victories accompanied. For example, billion-dollar orders from the U.S. and Europe. And this spring, the vaccine received EUA approval for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand ANZ Activity Outlook for August increased 19.2%, and ANZ Business Confidence was reported at -14.2. Forex traders can compare this to the New Zealand ANZ Activity Outlook for July, which increased 26.3%, and ANZ Business Confidence reported at -3.8. UK Mortgage Approvals for July are predicted at 78.60K. Forex traders can compare this to UK Mortgage Approvals for June, reported at 81.34K. UK Net Consumer Credit for July is predicted at £0.441B, and Net...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The majority of people have heard of the social network Facebook; with 1.9 billion daily active users, nearly one in four people in the world uses Facebook daily. The company's stock has risen sharply this year, surging 33 percent over the year. This far surpasses the S&P 500's 19 percent rise over the same period. There is, of course, a good reason for investors' growing interest in the stock. The social media company's advertising business is...
