Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Unemployment Rate for June is predicted at 2.9%, and the Seasonally Adjusted Unemployment Rate at 2.9%. Forex traders can compare this to the Swiss Unemployment Rate for May, reported at 3.1%, and the Seasonally Adjusted Unemployment Rate, reported at 3.0%. The German Trade Balance for May is predicted at €15.4B. Forex traders can compare this to German Trade Balance for April, reported at €15.4B. Exports for May are predicted to increase 0.6% monthly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Will Google stock finally beat other FANG stocks? To date, Alphabet stock has looked better than Facebook, Amazon.com, and Netflix. Shares of the largest Internet companies may be facing some unfavorable headwinds. In an unexpected move, President Biden appointed Lina Khan as chairman of the Federal Trade Commission on June 15. Khan, for her part, has been critical of the big tech companies. GOOGL stock is on the leader's list of many investors who are relying on a variety...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Equity markets continue to push higher, but traders ignore underlying weakness in employment data from reports other than the NFP. The latest US ISM Non-Manufacturing PMI showed a decrease in hiring, and initial jobless claims had a few upside surprises. Inflationary pressures also remain elevated and have more upside pressures ahead. Global central banks are already behind the curve and risk falling behind further. Supply chain disruptions out of Asia add to inflationary...
Source: PaxForex Premium Analytics Portal, Fundamental Insight For decades, Amazon has invested heavily in its growth, evolving from a small book retailer into the global store it is today. Several large retailers that no longer exist today can partly blame Amazon for their failure. Walmart, however, does not take Amazon lightly. The largest retailer in the world, judging by its annual sales volume, is adjusting to Amazon's attempts to encroach on its business. In fact, Walmart is taking some of the techniques from Amazon's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Construction PMI for June is predicted at 63.8. Forex traders can compare this to the UK Construction PMI for May, reported at 64.2. The US Final Markit Services PMI for June is predicted at 64.8, and the US Final Markit Composite PMI is predicted at 63.9. Forex traders can compare this to the US Markit Services PMI for May, reported at 70.4, and to the US Markit Composite PMI, reported at 68.7. The US ISM Non-Manufacturing PMI for June is predicted at 63.5, and the ISM...
