Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final UK Markit/CIPS Services PMI for November is predicted at 45.8, and the Final UK Markit/CIPS Composite PMI is predicted at 47.4. Forex traders can compare this to the UK Markit/CIPS Services PMI for October, reported at 51.4, and to the UK Markit/CIPS Composite PMI, reported at 52.1. US Initial Jobless Claims for the week of November 28th are predicted at 775K, and US Continuing Claims for the week of November 21st are predicted at 5,915K. Forex traders can compare...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Construction, mining, and oil and gas industries may have been hardest hit by the COVID-19 pandemic. However, shares of leading equipment manufacturer Caterpillar show no signs of a slowdown. The company's shares almost doubled from their March low and increased by 18 percent from the previous year. Either Caterpillar is doing something right that has attracted investors' attention, or the market is setting the price when the economy is recovering. The latter is not...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for October increased by 2.6% monthly and by 8.2% annualized. Economists predicted an increase of 1.2% monthly and 5.9% annualized. Forex traders can compare this to German Retail Sales for September, which decreased by 1.9% monthly, and which increased by 7.0% annualized. The Italian Unemployment Rate for October is predicted at 9.9%. Forex traders can compare this to the Italian Unemployment Rate for September, reported at 9.6%. The Eurozone PPI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Given that General Electric shares have grown by 32% in the last month, it's time to pause and wonder if the company's shares are a good buy or not. To shed some light on this question, let's take a look at each GE industrial segment separately, and then put them together and see what a company can cost. If you are thinking about investing in GE, the first thing you have to accept is that patience is necessary. The fact is that GE will not have anything of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Construction Spending for October is predicted to increase by 0.8% monthly. Forex traders can compare this to US Construction Spending for September, which increased by 0.3% monthly. The US ISM Manufacturing Index for November is predicted at 58.0. Forex traders can compare this to the US ISM Manufacturing Index for October, reported at 59.3. ISM Prices Paid for November are predicted at 65.0. Forex traders can compare this to ISM Prices Paid for October, reported at 65.5...
