Source: PaxForex Premium Analytics Portal, Fundamental Insight The uptick in retail stocks in the middle of the week of August 19, after two major department store chains posted excellent results, subsided slightly after the Wall Street Journal reported on leaked information about Amazon's plans to open department store-style stores in some U.S. cities. The store openings, which could herald Amazon's broader entry into physical retailing, couldn't keep the stock market's buoyant bias down for long, but it does raise some...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Capital Expenditure for the second quarter increased 4.4% quarterly. Economists predicted an increase of 2.5% quarterly. Forex traders can compare this to Australian Private Capital Expenditure for the first quarter, which increased 6.0% quarterly. Australian Building Capital Expenditure for the second quarter increased 4.6% quarterly. Forex traders can compare this to Australian Building Capital Expenditure for the first quarter, which increased 3.5%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In recent years, Intel has shown no signs of being on its way to a $1 trillion market capitalization. Idle revenues year after year and a loss of technical superiority have left this tech titan far behind PC-era peers such as Microsoft, Nvidia, and even Advanced Micro Devices. CEO Pat Gelsinger has introduced changes that could solve technical problems and foster new lines of business. However, Intel must show that these changes can bring the company back to growth before it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for July was reported at -NZ$402M monthly and at -NZ$1,100M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for June, reported at NZ$245M monthly and -NZ$280M 12-month year-to-date. Exports for July were reported at NZ$5.75B and Imports at NZ$6.18B. Forex traders can compare this to Exports for June, reported at NZ$5.96B, and Imports, reported at NZ$5.71B. The German IFO Business Climate Index for August is...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since the end of March 2020, eBay's stock price has risen 146%. Due to the unfortunate COVID-19 situation, many people have been forced to turn to reliable online sources to buy goods, and the e-commerce marketplace eBay has received a huge boost from this wave of traffic. Revenue growth accelerated from a 2% year-over-year decline in the first quarter of 2020 to 42% in the first quarter of 2021. So far, investors have boosted the company's stock price by 47% in...
