Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for November is predicted at 50.0K. Forex traders can compare this to the UK Jobless Claims Change for October, reported at -29.8K. The UK Employment Change for the tri-monthly period ending in October is predicted at -250K, and the ILO Unemployment Rate is predicted at 5.1%. Forex traders can compare this to the UK Employment Change for September, reported at -164K, and to the ILO Unemployment Rate, reported at 4.8%. Average Weekly Earnings for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight FB stock has been under pressure this year from Covid and a high-profile boycott. Facebook's business is in the spotlight. And third-quarter earnings suggest that the company can overcome fears of a post-pandemic slowdown. But now FANG stock has another threat to overcome: antitrust lawsuits filed by the federal government and 48 states. On Wednesday afternoon, the Federal Trade Commission and 48 state attorneys general filed separate antitrust lawsuits alleging that...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Permanent/Long-Term Migration for October was reported at 884. Forex traders can compare this to Permanent/Long-Term Migration for September, reported at 595. Visitor Arrivals for October increased by 5.9% monthly, and External Migration & Visitors decreased by 96.8% monthly. Forex traders can compare this to Visitor Arrivals for September, which increased by 9.0% monthly, and to External Migration & Visitors, which decreased by 96.7% monthly. Eurozone...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Disney was something of an investment paradox in 2020. On the one hand, what was once its biggest business segment, including theme parks, has become a huge hole in the media giant's balance sheet. But on the other hand, Disney has enjoyed tremendous success with its new Direct-to-Consumer business. In less than a year, Disney+ racked up 73.7 million subscribers at the end of the fiscal year 2020. The year 2020 was a mixed bag for the House of Mouse if there was one at all...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The maturity of Bitcoin extends with more institutional money flowing in and driving price action, and less social media inspires retail trading activity. While more portfolio managers consider Bitcoin as an inflation hedge and alternative to gold, price action is poised for a medium-term pullback. After it corrected below its sideways trending Tenkan-sen, it is now likely to move below its ascending Kijun-sen, which can result in more selling pressure. After failing twice to...
