Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past 18 months, investments in the Walt Disney Company have been very risky. Virtually every aspect of the company's business has been severely limited or even halted at various points because of the pandemic. At present, it appears that Disney's recovery will be a mixed success. Disney management made the right decisions early in the crisis when it took steps to shore up its balance sheet by suspending dividends and raising new capital and accelerating...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Eurozone Industrial Production for June is predicted to decrease 0.2% monthly and increase 10.4% annualized. Forex traders can compare this to Eurozone Industrial Production for May, which decreased 1.0% monthly and increased 20.5% annualized. US Initial Jobless Claims for the week of August 7th are predicted at 375K, and US Continuing Claims for the week of July 31st are predicted at 2,880K. Forex traders can compare this to US Initial Jobless Claims for the week of July 31st...
Source: PaxForex Premium Analytics Portal, Fundamental Insight All of the headlines are true. The iPhone is indeed losing market share - in some ways. While some of this loss can be attributed to unpredictable failures caused by the pandemic, some cannot. After all, COVID-19 has made life equally difficult for all smartphone manufacturers. But some of them still found a way to poach potential buyers of other brands. Perhaps most notably, the market share of low-cost phones increased significantly last quarter, implying that numerous...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The final Singapore GDP for the second quarter decreased 7.2% quarterly and increased 14.7% annualized. Economists predicted a decrease of 2.0% and an increase of 14.2%. Forex traders can compare this to the previous Singapore GDP for the second quarter, which decreased 7.7% quarterly and increased 14.3% annualized. The Singapore Current Account for the second quarter was reported at S$25.64B. Forex traders can compare this to the Singapore Current Account for the first quarter...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Oil prices are rising sharply as demand recovers from the economic downturn caused by the coronavirus. Chevron stock is up about 25 percent in 2021 as the company undoubtedly benefits from a global economic recovery and a rebound in tourism. The company recently reported a net income of $3.1 billion and free cash flow of more than $5 billion in the second quarter, nearly completely because of a recovery in demand for the fuel that moves people and goods around the world and...
