Source: PaxForex Premium Analytics Portal, Fundamental Insight Multi-industry industrial business 3M is one of the most appealing stocks on the market. First of all, 3M's stock price is low enough to attract growth-oriented investors. Secondly, because of the pandemic, it is difficult to follow the restructuring. Meantime, the corporation stands for potential liability due to the fact that it previously made PFAS compounds. Let's take a closer look at what you need to comprehend before purchasing this company's stock. After...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Preliminary South Korean Industrial Production for April decreased by 1.6% monthly and increased by 12.4% annualized. Economists predicted an increase of 1.5% and 11.2%. Forex traders can compare this to South Korean Industrial Production for March, which decreased by 0.9% monthly and increased by 4.4% annualized. South Korean Retail Sales for April decreased by 2.3% monthly and increased by 8.6% annualized. Forex traders can compare this to Japanese Retail Sales for March,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last year was not an easy one for banks as they had to set aside billions of dollars to protect against potentially devastating credit losses due to the pandemic. However, thanks to quick action by the U.S. government and the Federal Reserve, the situation was not as bad as it could have been. Citigroup managed to get into a series of problems with regulators that led to a much steeper decline in its value. After admitting its mistakes, the company revised its management team,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Jobless Rate and Job-to-Applicant Ratio: The Japanese Jobless Rate for April was reported at 2.8%, and the Job-to-Applicant Ratio at 1.09. Economists predicted a figure of 2.7% and 1.10. Forex traders can compare this to the Japanese Jobless Rate for March, reported at 2.6%, and to the Job-to-Applicant Ratio, reported at 1.10. The Swiss KOF Leading Indicator for May is predicted at 136.0. Forex traders can compare this to the Swiss KOF Leading Indicator for April,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite the economic shocks of last year, the S&P 500 Index had a magnificent 43% year-over-year gain. But that growth was far from even for all stocks, and indeed, many were left behind. One such relative loser was the pharmaceutical company Johnson & Johnson: its stock has lagged behind the index by more than 20 percentage points in the past 12 months. That was a big disappointment to shareholders, many of whom had bet that a successful J&J coronavirus...
