Source: PaxForex Premium Analytics Portal, Fundamental Insight The Bank of England is predicted to keep interest rates at 0.10%, and the Asset Purchase Target at £875B. Forex traders can compare this to the previous Bank of England meeting where the UK central bank decided to keep interest rates at 0.10% and kept the Asset Purchase Target at £875B. The Final UK Markit/CIPS Services PMI for April is predicted at 60.1, and the Final UK Markit/CIPS Composite PMI is predicted at 60.0. Forex traders can compare this to the UK Markit/...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Yesterday Pfizer announced its first-quarter results. Despite a successful quarter, the pharmaceutical company's stock declined slightly in early trading. Let's recap the highlights from Pfizer's first-quarter report. For the first quarter, the company reported revenues of $14.6 billion, a 42% increase over last year. That result easily beat analysts' average forecast of $13.6 billion. The company announced a first-quarter net income of $4.9 billion, or $0.86...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss CPI for April is predicted to increase 0.2% monthly and 0.3% annualized. Forex traders can compare this to the Swiss CPI for March, which increased 0.3% monthly and decreased 0.2% annualized. The US ADP Employment Change for April is predicted at 800K. Forex traders can compare this to the US ADP Employment Change for March, reported at 517K. The US ISM Non-Manufacturing PMI for April is predicted at 64.3. Forex traders can compare this to the US ISM Non-Manufacturing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple stepped into history on August 2, 2018, becoming the first U.S. publicly traded company to reach $1 trillion in market capitalization. After that, the business has maintained and even increased its lead over its competitors, and now has a market value of about $2.25 trillion. But detractors of the tech giant declare that there is nothing left for Apple to achieve, and investors would be better off putting their money elsewhere. Nevertheless, even as the world's most...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Trade Balance for March was reported at A$5,574M. Economists predicted a figure of A$8.000M. Forex traders can compare this to the Australian Trade Balance for February, reported at A$7,595M. Exports for March decreased by 2.0% monthly, and Imports increased by 4.0%. Forex traders can compare this to Exports for February, which decreased by 1.3%, and to Imports, which increased by 4.7%. Australian Home Loans for March increased 3.3% monthly, and Investment...
