Source: PaxForex Premium Analytics Portal, Fundamental Insight The French Business Survey for June is predicted at 109. Forex traders can compare this to the French Business Survey for May, reported at 107. The Final Spanish GDP for the first quarter is predicted to decrease 0.5% quarterly and 4.3% annualized. Forex traders can compare this to the Spanish GDP for the fourth quarter, which was flat at 0.0% quarterly, and which decreased 8.9% annualized. The German IFO Business Climate Index for June is predicted at 100.6. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney has become one of the most popular blue-chip stocks thanks to its distinguished history. The House of Mouse has been delighting its customers for decades and thereby winning their loyalty. Some of the latest news, there's been a lot of buzz about one of Disney's latest premieres. The debut of "Loki" from Marvel Studios on Disney+ was highly anticipated, and the god of mischief did not disappoint. In the second quarter, "Loki" was...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Australian Manufacturing PMI for June was reported at 58.4. Forex traders can compare this to the Australian Manufacturing PMI for May, reported at 60.4. The Preliminary Australian Services PMI for June was reported at 56.0. Forex traders can compare this to the Australian Services PMI for May, reported at 58.0. The Preliminary Australian Composite PMI for June was reported at 56.1. Forex traders can compare this to the Australian Composite PMI for May, reported...
Source: PaxForex Premium Analytics Portal, Fundamental Insight General Electric CEO Larry Culp recently gave several presentations to investors, and what he said helped investors think about investment opportunities over the long term. It's no secret that GE needs to improve its earnings and free cash flow (FCF), and the good news is that the company appears to be on its way to doing so. Indeed, Culp cited a figure of $7 billion as an initial target. The question is whether that figure makes GE stock attractive. Moreover, what about GE...
Source: PaxForex Premium Analytics Portal, Fundamental Insight After China continues its crackdown on miners and, with equity markets heading towards a potential correction, Bitcoin resumes its orderly descend. It is now on its way to challenge the psychological 30,000 level, which does not pose significant support. There is more downside to price action before testing its next horizontal support area near 24,000, which will close a previous gap. Interest rate jitters and inflation fears are set to dominate summer trading for equity markets...
