Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon has made a great fortune for its shareholders. Chief Executive Officer Jeff Bezos is the richest man on earth and has a fortune of about $190 billion according to the Bloomberg index. For those of us who didn't make it to Amazon's IPO, can the company still be a gold mine? Amazon continues to be a driving force in online retailing. Americans turned to a trusted e-commerce master during the pandemic, and sales grew 40% in the second quarter ending June 30 and 37...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Retail Card Spending for November increased by 0.1% monthly and by 1.4% monthly. Forex traders can compare this to New Zealand Retail Card Spending for October, which increased by 8.8% monthly and by 8.2% monthly. US Initial Jobless Claims for the week of December 5th are predicted at 725K, and US Continuing Claims for the week of November 28th are predicted at 5,335K. Forex traders can compare this to US Initial Jobless Claims for the week of November 28th, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Machine Orders for October increased by 17.1% monthly and by 2.8% annualized. Economists predicted an increase of 2.8% and a decrease of 11.3%. Forex traders can compare this to Japanese Machine Orders for September, which decreased by 4.4% monthly and by 11.5% annualized. Japanese M3 Money Supply for November was reported at ¥1,925.3T. Forex traders can compare this to Japanese M3 Money Supply for October, reported at ¥1,918.7T. The German Trade Balance for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The first split of the electric car manufacturer Tesla in 2020 worked well. Some analysts believe that the time has come for a second split. 2020 was an excellent year for Tesla shareholders. The price of the electric car maker shares started the year at $418 per share, and on December 7 it exceeded $625 per share. It would have been quite impressive even if it had not been for the 5-to-1 split that the company made at the end of August, which gave investors about 650% of the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian House Price Index for the third quarter increased by 0.8% quarterly and by 4.5% annualized. Forex traders can compare this to the Australian House Price Index for the second quarter, which decreased by 1.8% quarterly, and which increased by 6.2% annualized. Australian NAB Business Conditions for November were reported at 9, and Australian NAB Business Confidence at 12. Forex traders can compare this to NAB Business Conditions for October, reported at 1, and to...
