Source: PaxForex Premium Analytics Portal, Fundamental Insight Eurozone Retail Sales for January are predicted to decrease by 1.1% monthly and by 1.2% annualized. Forex traders can compare this to Eurozone Retail Sales for December, which increased by 2.0% monthly and by 0.6% annualized. The Eurozone Unemployment Rate for January is predicted at 8.3%. Forex traders can compare this to the Eurozone Unemployment Rate for December, reported at 8.3%. US Initial Jobless Claims for the week of February 27th are predicted at 750K, and US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of construction industry giant Caterpillar continue to rally. After a strong performance in 2020, the stock entered the new year as one of the best players in the Dow Jones. But Caterpillar is not trading higher because its performance is excellent. In fact, its performance last year was pretty woeful and included one of the worst quarters in the company's history. Alternatively, Caterpillar's fresh historical high is based on future performance and expectations...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Markit/CIPS Services PMI for February is predicted at 49.7, and the UK Markit/CIPS Composite PMI is predicted at 49.8. Forex traders can compare this to the UK Markit/CIPS Services PMI for January, reported at 39.5, and to the UK Markit/CIPS Composite PMI, reported at 41.2. The US ADP Employment Change for February is predicted at 177K. Forex traders can compare this to the US ADP Employment Change for January, reported at 174K. The Preliminary US Markit Services PMI...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Disney is the embodiment of the corporate dream, known for its box office blockbusters, global theme parks, and generations of intellectual property such as Marvel, Star Wars, and the animated characters that form the core of the Disney brand. Lately, Disney stock has been rising since it bottomed last March, despite the company's poor performance over the same period. The company is up 35% in 2020 and 9% in 2021. Today, we suggest you look at a few reasons why...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Building Approvals for January decreased by 19.4% monthly, and Private House Approvals decreased by 12.2% annualized. Forex traders can compare this to Australian Building Approvals for December, which increased by 12.0% monthly, and to Private House Approvals, which increased by 15.8% annualized. The Australian RBA left interest rates unchanged at 0.10%. Economists predicted no change in interest rates. Forex traders can compare this to the previous Australian RBA...
