Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for April is predicted to show 238K job additions and an unemployment rate of 3.8%. Forex traders can compare this to the US NFP Report for March, which showed 203K job additions and an unemployment rate of 3.8%. Private Payrolls for April are predicted to show 181K job additions and Manufacturing Payrolls 5K job gains. Forex traders can compare this to Private Payrolls for March, which showed 232K job additions, and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In April, Home Depot, the leading home improvement retailer, saw its stock decline by 12%, as reported by data from S&P Global Market Intelligence. The company has been grappling with challenges stemming from inflationary pressures and a sluggish housing market, with expectations of continued strain throughout 2024. As the largest home improvement chain globally, Home Depot boasts a vast network of over 2,300 stores across the United States, Canada, and Mexico. While its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Swiss Retail Sales for March are predicted to rise by 0.2% annualized. Forex traders can compare this to Swiss Retail Sales for February, which contracted by 0.2% annualized. The Swiss CPI for April is predicted to increase by 0.1% monthly and 1.1% annualized. Forex traders can compare this to the Swiss CPI for March, which was flat at 0.0% monthly and rose by 1.0% annualized. The Swiss Procure.ch Manufacturing PMI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While achieving a trillion-dollar valuation is usually seen as a significant milestone for most companies, for Apple, reaching a $1 trillion market cap by 2035 would not be a sign of progress; instead, it would indicate a considerable setback. Currently, Apple boasts a market cap of $2.6 trillion. Therefore, it's crucial to analyze the outlook of this iconic company and understand why a decline in its market value is not entirely improbable. Despite holding the position of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Nationwide House Prices for April decreased by 0.4% monthly and rose by 0.6% annualized. Economists predicted an increase of 0.2% and 1.2%. Forex traders can compare this to UK Nationwide House Prices for March, which decreased by 0.2% monthly and expanded by 1.6% annualized. The final UK S&P500/CIPS Manufacturing PMI for April is predicted at 48.7. Forex traders can compare this to the March UK S&P500/CIPS Manufacturing PMI, reported at...