Source: PaxForex Premium Analytics Portal, Fundamental Insight General Electric was once a massive power producer. Back in 2017, turbine manufacturing was the company's biggest business. Then it all went downhill. A turbine design defect (now fixed) forced potential power producers to put their purchase plans on hold. And then clean natural gas power began to lose its popularity as alternatives to solar power became more affordable. GE's energy turbine revenues are now down to about half of their peak levels. This decline in sales...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Swiss Retail Sales for June increased 0.1% annualized. Forex traders can compare this to Swiss Retail Sales for May, which increased by 2.8% annualized. The Swiss CPI for July decreased 0.1% monthly and increased 0.7% annualized. Economists predicted a decrease of 0.1% and an increase of 0.7%. Forex traders can compare this to the Swiss CPI for June, which increased 0.1% monthly and 0.6% annualized. The Final US Markit Manufacturing PMI for July is predicted at 63.1....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson has been a profitable business to invest in for years. But its legal problems have grown steadily--the company has faced tens of thousands of lawsuits over talc alone. And while so far the health care giant has managed to cope with its legal costs and remain profitable, that may not be the case in the future. In addition, all these negative publications are not good for the Johnson & Johnson brand. The constant barrage of recalls and lawsuits could...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Jobless Rate for June was reported at 2.9%, and the Job-to-Applicant Ratio at 1.13. Economists predicted a figure of 3.0% and 1.10. Forex traders can compare this to the Japanese Jobless Rate for May, reported at 3.0%, and to the Job-to-Applicant Ratio, reported at 1.09. Preliminary Japanese Industrial Production for June increased 6.2% monthly and 22.6% annualized. Forex traders can compare this to Japanese Industrial Production for May, which decreased 6.5...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel may seem like the last company technology investors would want to buy, as its semiconductor development endeavors lag behind those of its main competitor today, Taiwan Semiconductor Manufacturing. But new management, represented by engineer Pat Gelsinger as CEO, has set in motion a process that should help Intel catch up with its rivals. Because chip development cycles take three to five years, the outlooks for a return soon are uncertain. Nevertheless, under Gelsinger...
