Source: PaxForex Premium Analytics Portal, Fundamental Insight It has certainly been a challenging year for ExxonMobil. The company incurred its first annual loss in at least two decades. Higher oil prices have boosted the stock this year, but is the worst for the oil giant over? Let's take a closer look at the company's operations and plans to see what investors should expect in the long run. ExxonMobil took a hit on all fronts last year. Lower oil and gas prices and reduced production affected the company's upstream...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Bank Lending for February increased by 6.2% annualized. Forex traders can compare this to Japanese Bank Lending for January, which increased by 6.1% annualized. The Preliminary Japanese Current Account Balance for January was reported at ¥647.0B. Forex traders can compare this to the Japanese Current Account Balance for December, reported at ¥1,166.0B. The Preliminary Japanese Adjusted Current Account Balance for January was reported at ¥1,500.0B. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight IBM has undergone a distinct transformation since Arvind Krishna became CEO in April last year. Thanks to the company's move toward cloud computing and the spin-off of a key business, IBM is likely to become a different technology company over time. Consequently, the extent to which IBM can remake itself as a cloud company will likely determine how much its stock rises over the next few years. For most of the last decade, IBM has struggled as a company that helped companies...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Services Index for February was reported at 55.8. Forex traders can compare this to the Australian AiG Services Index for January, reported at 54.3. US Consumer Credit for January is predicted at $12.00B. Forex traders can compare this to US Consumer Credit for December, reported at $9.73B. The US NFP Report for February is predicted to show 182K job additions and an unemployment rate of 6.3%. Forex traders can compare this to the US NFP Report for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight As it became known, Johnson & Johnson's COVID-19 vaccine was recently approved for emergency use in the U.S. in late February, which helped the stock move higher. That news on March 1 retained JNJ in the buy zone. Several days earlier, an advisory committee unanimously approved the vaccine for use. The Food and Drug Administration then formally approved the vaccine. The next day, another advisory panel to the Centers for Disease Control and Prevention approved the...
