Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of January 23rd are predicted at 875K, and US Continuing Claims for the week of January 16th are predicted at 5,054K. Forex traders can compare this to US Initial Jobless Claims for the week of January 16th, reported at 900K, and to US Continuing Claims for the week of January 9th, reported at 5,054K. The Advanced US GDP for the fourth quarter is predicted to increase by 4.0% annualized. Forex traders can compare this to the third-...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the years, providing various services has become an increasingly important part of Apple's business. Paying more attention to this segment, Apple latterly extended it to incorporate music, video, games, fitness, and financial services, as well as App Store, AppleCare, and iCloud products. Last year, the company had revenue of $53.8 billion with an average gross profit double that of its hardware business. Apple will likely continue to look for more ways to expand its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Japanese Leading Index for November was reported at 96.4, and the Final Japanese Coincident Index was reported at 89.0. Economists predicted a figure of 96.6 and 89.1. Forex traders can compare this to the Japanese Leading Index for October, reported at 94.3, and to the Japanese Coincident Index, reported at 89.4. The German GfK Consumer Confidence Survey for February is predicted at -7.9. Forex traders can compare this to the German GfK Consumer Confidence Survey...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Like most major banks in 2020, Citigroup faced challenges related to high credit costs and ultra-low rates caused by the pandemic. The bank has also been and continues to deal with regulatory issues related to its internal compliance, data, and risk management. In late 2020, the bank announced that its longtime CEO, Michael Corbat, would step down earlier than expected. The new CEO is Jane Fraser, who has worked at Citigroup for the past 16 years. With a new leader and plenty...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Employment Change for the tri-monthly period ending in November is predicted at -100K, and the ILO Unemployment Rate is predicted at 5.1%. Forex traders can compare this to the UK Employment Change for November, reported at -144K, and to the ILO Unemployment Rate, reported at 4.9%. Average Weekly Earnings for the tri-monthly period ending in November are predicted to increase by 2.9% annualized, and Average Weekly Earnings Excluding Bonuses are predicted to increase by...
