Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of January 2nd are predicted at 800K, and US Continuing Claims for the week of December 26th are predicted at 5,200K. Forex traders can compare this to US Initial Jobless Claims for the week of December 26th, which were reported at 787K, and to US Continuing Claims for the week of December 19th, which were reported at 5,219K. The US Trade Balance for November is predicted at -$65.2B. Forex traders can compare this to the US Trade Balance...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Recently, Alibaba increased its current share buyback plan, which will last until the end of 2022, from $6 billion to $10 billion. The Chinese tech giant launched its initial buyback plan last May, and the higher limit looks like an attempt to comfort investors as the company faces more challenges. Those challenges include slower-than-expected growth in its core commercial business last quarter, the suspended IPO of its Fintech-owned Ant Group subsidiary, and an antitrust...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Australian Markit Services PMI for December was reported at 57.0. Forex traders can compare this to the Australian Markit Services PMI for November, reported at 55.1. The Final Australian Markit Composite PMI for December was reported at 55.6. Forex traders can compare this to the Australian Markit Composite PMI for November, reported at 54.9. The Final Japanese Jibun Bank Services PMI for December was reported at 47.7, and the Final Japanese Jibun Bank Composite...
Source: PaxForex Premium Analytics Portal, Fundamental Insight JPMorgan Chase, America's largest bank, had the eventful year of 2020. While the pandemic hit the bank hard and forced it to set aside tens of billions of dollars for future potential loan losses, the bank showed incredible resilience, making very solid gains all things considered. JPMorgan's stock price is down about 11% from where it was at the beginning of the year. As soon as the Federal Reserve lifted its ban on big bank stock buybacks, JPMorgan Chase...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for November are predicted to decrease by 2.0% monthly and to increase by 3.9% annualized. Forex traders can compare this to German Retail Sales for October, which increased by 2.6% monthly and 8.2% annualized. The German Unemployment Change for December is predicted at 10.0K and the German Unemployment Rate at 6.1%. Forex traders can compare this to the German Unemployment Change for November, reported at -39.0K, and to the German Unemployment Rate,...
