Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for March was reported at NZ$33M monthly and NZ$1,690M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for February, reported at NZ$201M monthly and NZ$2,380M 12-month year-to-date. Exports for March were reported at NZ$5.68B and Imports at NZ$5.65B. Forex traders can compare this to Exports for February, reported at NZ$4.50B, and to Imports, reported at NZ$4.30B. The New Zealand ANZ Activity Outlook for April...
Source: PaxForex Premium Analytics Portal, Fundamental Insight HP stock has more than doubled in the past 12 months, recently hitting a record high in two decades. This rally is a reflection of the modest rebound in the personal computer market before COVID-19 emerged, followed by a more rapid upturn spurred by the pandemic itself. As for the three-month stretch that ended in March, IDC's technology market survey found that PC shipments were up 55% year-over-year. Gartner estimates that figure to be closer to 32%, using slightly...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian CPI for the first quarter increased by 0.6% quarterly and by 1.1% annualized. Economists predicted an increase of 0.9% quarterly and 1.4% annualized. Forex traders can compare this to the Australian CPI for the fourth quarter, which increased by 0.9% quarterly and by 0.9% annualized. The RBA Trimmed Mean CPI for the first quarter increased by 0.3% quarterly and by 1.1% annualized. Economists predicted an increase of 0.5% quarterly and 1.2% annualized. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon enjoyed a terrific fourth-quarter performance, with $125 billion in sales. Such a result will not be easy to repeat. Nevertheless, the perspective is quite encouraging, and the e-commerce and technology giant is scheduled to announce first-quarter earnings on Thursday, April 29. Amazon has undoubtedly become one of the favorites of investors. More and more consumers continue to take advantage of Prime's membership, which now has more than 150 million members. This...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Volatility across the cryptocurrency sector is likely to increase, with double-digit price swings showing a battle between bulls and bears on many trading days. After the LTC/USD violated its bullish chart pattern, it quickly reversed and moved back within bullish parameters. The IPO of Coinbase added to a wave of selling, pushing Bitcoin down by over 25%, dragging many cryptocurrencies down with it. Litecoin is among the first that recovered from the bearish trade and is now...
