Source: PaxForex Premium Analytics Portal, Fundamental Insight There is no doubt in anyone's mind that the past year has been exceptionally transformational for Walt Disney Company. There aren't many similarly diversified businesses that have been so badly affected by the pandemic these days. But it is safe to say that the company has weathered the crisis and is preparing for a full-blown recovery. Management's skill in maintaining the company's balance sheet and its accelerated transition to streaming services has...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for March was reported at 52.4. Forex traders can compare this to the New Zealand Performance of Services Index for February, reported at 49.7. The Japanese Trade Balance for March was reported at ¥663.7B. Economists predicted a figure of ¥490.0B. Forex traders can compare this to the Japanese Trade Balance for February, reported at ¥215.9B. The Japanese Adjusted Trade Balance for March was reported at ¥0.30T. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Facebook's share price continues to climb. The company is currently trading near historic highs as a large portion of the world's population uses this social platform each month. Nevertheless, rather than a potential user glut indicating a slowdown, a strong balance sheet and its continued expansion in a troublesome environment could conversely lead to more investors interested in the stock of this popular company. In the last quarter, the family of monthly active...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Eurozone CPI for March is predicted to increase by 0.9% monthly and 1.3% annualized. Forex traders can compare this to the Eurozone CPI for February, which increased by 0.2% monthly and 0.9% annualized. The Eurozone Core CPI for March is predicted to increase by 1.0% monthly and 0.9% annualized. Forex traders can compare this to the Eurozone Core CPI for February, which increased by 0.1% monthly and 1.1% annualized. The Eurozone Harmonized Core CPI for March is predicted to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Alibaba stock soared earlier this week after the company got a $2.8 billion fine from China's antitrust regulator, the State Administration for Market Regulation (SAMR). It may seem odd that Chinese e-commerce stocks surged on the news, climbing 9% because the announcement had the opposite effect of buying and selling rumors/selling news. But that's because investors had feared the threat of a fine from SAMR since December when the agency first announced an...
