Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Japanese Leading Index for December was reported at 95.3, and the Final Japanese Coincident Index was reported at 88.3. Economists predicted a figure of 94.9 and 87.8. Forex traders can compare this to the Japanese Leading Index for November, reported at 96.1, and to the Japanese Coincident Index, reported at 89.0. US Initial Jobless Claims for the week of February 20th are predicted at 838K, and US Continuing Claims for the week of February 13th are predicted at 4,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Boeing continues to show significant losses, and some 777 jets have been banned from flying. But the notorious 737 Max is back in the air, and shipments have renewed. Does this mean that Boeing is now a good buy? First of all, it's worth recalling recent events. The Pratt & Whitney 4000-112 engine on a United Airlines (UAL) Boeing 777 heading to Hawaii collapsed soon after taking off from Denver on February 20. None of the passengers or crew members were injured....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Litecoin continues to attract institutional demand with open futures interest in the cryptocurrency near $600 million. With Bitcoin and Ethereum recording new all-time highs before collapsing by over 20%, Litecoin, often compared to silver, remains below its all-time high, near 420. While open futures interest also requires sellers, price action could witness more profitable trading opportunities amid a liquidity spike. Litecoin futures are the third most-traded ones. It also...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Five years ago, Walmart took a big step forward towards e-commerce. Walmart's U.S. sales surged 79 percent in the fiscal year 2021 -- just ending after growing 37 percent in the fiscal year 2020 -- and generated more than $50 billion in revenue last year, not counting Sam's Club. Walmart is now the nation's largest e-commerce seller after Amazon and is growing faster than its main competitor. Much of that growth has been driven by the expansion of grocery pickup...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Retail Sales for the fourth quarter decreased by 2.7% quarterly and increased by 4.8% annualized. Forex traders can compare this to New Zealand Retail Sales for the third quarter, which increased by 28.0% quarterly and by 8.3% annualized. The UK Jobless Claims Change for January is predicted at 35.0K. Forex traders can compare this to the UK Jobless Claims Change for December, reported at 7.0K. The UK Employment Change for the tri-monthly period ending in December...
