Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss CPI for March is predicted to increase by 0.4% monthly and to decrease by 0.3% annualized. Forex traders can compare this to the Swiss CPI for February, which increased by 0.2% monthly and decreased by 0.5% annualized. The Swiss procure.ch Manufacturing PMI for March is predicted at 64.5. Forex traders can compare this to the Swiss Manufacturing PMI for February, reported at 61.3. US Initial Jobless Claims for the week of March 27th are predicted at 680K, and US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel has barely covered its costs since the start of 2020 and has been the worst-performing chip maker with significant capital in the past year. Most of its competitors have doubled over the same period, and shares of several large chip makers have more than tripled. The main reason for Intel's mediocre bad luck is that updates to the company's manufacturing processes are not going well. Historically, Intel's own production lines have tended to outperform...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The final fourth-quarter UK GDP increased by 1.3% quarterly and decreased by 7.3% annualized. Economists predicted an increase of 1.0% quarterly and a decrease of 7.8% annualized. Forex traders can compare this to the third-quarter UK GDP, which increased by 16.9% quarterly and decreased by 8.5% annualized. Final fourth-quarter UK Total Business Investment increased by 5.9% quarterly and decreased by 7.4% annualized. Forex traders can compare this to the third-quarter UK Total...
Source: PaxForex Premium Analytics Portal, Fundamental Insight It's no secret that almost all of Facebook's revenue comes from one source: advertising. For many, the business is synonymous with social media, and its platforms (Facebook, Instagram, WhatsApp) have billions of users worldwide, which underpins its high-margin business model. While Facebook's advertising business has made it one of the most profitable and valuable businesses in the world, CEO Mark Zuckerberg sees his brainchild growing into another company in the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With risk aversion continuing to dominate, financial markets at or near all-time highs, and the Covid-19 pandemic intensifying despite vaccinations, traders should consider taking a more cautious approach. A new variant of the Covid-19 virus in India carries two mutations, making it more aggressive, spreading faster, and potentially more dangerous. Hospitals around the world are filling up as governments lifted restrictions, ignoring warnings from healthcare officials. ...
