Source: PaxForex Premium Analytics Portal, Fundamental Insight The German GfK Consumer Confidence Survey for June was reported at -7.0. Economists predicted a figure of -5.2. Forex traders can compare this to the German GfK Consumer Confidence Survey for May, reported at -8.6. Italian Business Confidence for May is predicted at 106.4, and Italian Consumer Confidence is predicted at 104.4. Forex traders can compare this to Italian Business Confidence for April, reported at 105.4, and Italian Consumer Confidence reported at 102.3. US Initial...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Electric cars and autonomous driving are the very forces transforming the auto industry today. As a pioneer in these technologies, Tesla seems poised to threaten the decades-long dominance of the leading conventional automakers. After Tesla posted huge sales growth and positive net income for seven consecutive quarters, it seemed that the company had mastered not only the technology but also the art of doing business. The company's stock soared 20 times from $40 to $883 in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for April was reported at NZ$388M monthly and at NZ$730M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for March, reported at NZ$39M monthly and NZ$1,700M 12-month year-to-date. Exports for April were reported at NZ$5.37B and Imports at NZ$4.98B. Forex traders can compare this to Exports for March, reported at NZ$5.69B, and to Imports, reported at NZ$5.66B. The Reserve Bank of New Zealand kept interest rates...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Home Depot, the world's biggest home improvement business, shows no signs of losing its momentum. The Atlanta-based company recently announced revenue and earnings growth for the first quarter of the fiscal year 2021 of 32.7% and 84.6%, respectively. Even though growth was expected to slow after the pandemic as consumers began spending money on more than just home projects. But so far, they haven't lived up to expectations. It's certainly great news for the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for April increase by 1.0% monthly and 2.1% annualized. Economists predicted an increase of 0.5% and 3.4%. Forex traders can compare this to Singapore Industrial Production for March, which decreased 1.7% monthly and increased 7.6% annualized. The Final German GDP for the first quarter is predicted to decrease by 1.7% quarterly and 3.3% annualized. Forex traders can compare this to the German GDP for the fourth quarter, which increased 0.3...
