Source: PaxForex Premium Analytics Portal, Fundamental Insight The past year has been a volatile one for Alibaba, China's largest e-commerce and cloud platform company. The stock price fell along with the broader market as the COVID-19 pandemic hit China in early 2020, but rebounded as the company's online sales rose and quarantine measures boosted the use of its cloud services. However, a series of regulatory problems suddenly ended Alibaba's year-end rally. Chinese regulators suspended the long-awaited IPO of Fintech Group...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German IFO Business Climate Index for January is predicted at 91.8. Forex traders can compare this to the German IFO Business Climate Index for December, reported at 92.1. The German IFO Current Assessment Index for January is predicted at 90.6. Forex traders can compare this to the German IFO Current Assessment Index for December, reported at 91.3. The German IFO Expectations Index for January is predicted at 93.2. Forex traders can compare this to the German IFO...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla was the most admired company in 2020. At first, it looked like the admiration would continue into 2021, when the stock price hit a record high of $884 on Jan. 8. But since then, Tesla's stock has fallen 8% in a day and is now trading nearly 4% lower. Has reality finally tempered investor appetite for Tesla? Regardless of our investment preferences, many of us have been watching Elon Musk's company closely for years, and the business has proved incredible...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for December are predicted to increase by 1.2% monthly and by 4.2% annualized. Forex traders can compare this to UK Retail Sales for November, which decreased by 3.8% monthly, and which increased by 2.4% annualized. UK Core Retail Sales for December are predicted to increase by 0.8% monthly and by 7.0% annualized. Forex traders can compare this to UK Core Retail Sales for November, which decreased by 2.6% monthly, and which increased by 5.6% annualized. UK...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The stock was down 7 percent at the end of last week on a modest gain for the S&P 500, and the business faces many new difficulties. WhatsApp users are reportedly leaving the app in search of alternatives such as Signal and Telegram after Facebook published a new data-sharing policy, and the tech giant is at war with fellow FAANG, Apple, over changes to iOS 14 that require Facebook to obtain authorization from users to enable some data-tracking tools. However, if you're...
