Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of April 17th are predicted at 617K, and US Continuing Claims for the week of April 10th are predicted at 3,667K. Forex traders can compare this to US Initial Jobless Claims for the week of April 10th, reported at 576K, and to US Continuing Claims for the week of April 3rd, reported at 3,731K. US Existing Home Sales for March are predicted to decrease by 0.8% monthly to 6.19M. Forex traders can compare this to US Existing Home Sales for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight It's been 13 months since Pfizer announced its partnership with BioNTech to develop a vaccine for COVID-19. Since then, Pfizer stock is up more than 26%. That might not seem like a bad performance until you consider that the S&P 500 Index has risen nearly 2.5 times in the same period. But in some respects, the future of the big drugmaker looks much better now than it has in a while. Does that mean that buying the stock this month is a smart decision? And let us...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand CPI for the first quarter increased by 0.8% quarterly and by 1.5% annualized. Economists predicted an increase of 0.7% and 1.4%. Forex traders can compare this to the New Zealand CPI for the fourth quarter, which increased by 0.5% quarterly and by 1.4% annualized. The Australian Westpac Leading Index for March increased by 0.4% monthly. Forex traders can compare this to the Australian Westpac Leading Index for February, which increased by 0.2%. Australian Retail...
Source: PaxForex Premium Analytics Portal, Fundamental Insight It's not hard to name a reason, if not several, insinuating that it's better to get rid of McDonald's stock. Many franchisees were upset lately with their ever-increasing expense requirements, particularly given the pressure on the $15-an-hour minimum wage in the United States. Then there's the not-so-subtle fact that the fast-food business is amazingly competitive and apparently saturated. There are approximately 200,000 such restaurants in the U.S. alone. There...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for March was reported at 10.1K. Forex traders can compare this to the UK Jobless Claims Change for February, reported at 86.8K. The UK Employment Change for the tri-monthly period ending in February was reported at -73K, and the ILO Unemployment Rate was reported at 4.9%. Economists predicted a reading of -150K and 5.1%. Forex traders can compare this to the UK Employment Change for January, reported at -147K, and to the ILO Unemployment Rate,...
