Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Employment Change for October was reported at 178.8K. Economists predicted a figure of -30.0K. Forex traders can compare this to the Australian Employment Change for September, reported at -29.5K. The Unemployment Rate for October was reported at 7.0%. Economists predicted a reading of 7.2%. Forex traders can compare this to the Unemployment Rate for September, reported at 6.9%. 97.0K Full-Time Positions and 81.8K Part-Time Positions were created in October....
Source: PaxForex Premium Analytics Portal, Fundamental Insight For the 4th quarter in a row, Cisco's revenue decreased as compared to the previous year. And in the middle of the management's revenue guidance range for the next quarter, there was again a decrease in the top line. Nevertheless, Cisco's share price satisfies modest anticipations, and the technology giant is trying to stabilize its business as it shifts to subscription and software portfolio on the principle of "software as a service" (SaaS). So is it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian HIA New Home Sales for October decreased by 1.3% monthly. Forex traders can compare this to Australian HIA New Home Sales for September, which increased by 3.8% monthly. The Australian Wage Price Index for the third quarter increased by 0.1% quarterly and by 1.4% annualized. Economists predicted an increase of 0.2% quarterly and 1.5% annualized. Forex traders can compare this to the Australian Wage Price Index for the second quarter, which increased by 0.2%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight During the pandemic, the financial sector was one of the worst performers in the stock market, falling by about 12 percent year on year, compared to 11 percent growth in the S&P 500. And there are weighty reasons for that: Investors are concerned about what unemployment and low-interest rates could mean for the banks. Wells Fargo was one of the lagging companies in this sector. Since it does not have a significant investment banking business that would help offset losses in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for October was reported at $4.360B. Forex traders can compare this to the Singapore Balance for September, reported at $3.100B. Non-Oil Exports for October decreased by 5.3% monthly and by 3.1% annualized. Economists predicted an increase of 4.6% and 5.7%. Forex traders can compare this to Non-Oil Exports for September, which decreased by 11.4% monthly, and which increased by 5.8% annualized. US Advanced Retail Sales for October are predicted to...
