Source: PaxForex Premium Analytics Portal, Fundamental Insight South African Mining Production for September is predicted to decrease by 1.5% annualized. Forex traders can compare this to South African Mining Production, which decreased by 3.3% annualized. The South African unemployment rate for the third quarter is predicted at 33.4%. Forex traders can compare this to the South African unemployment rate for the second quarter, which was reported at 23.3%. US Initial Jobless Claims for the week of November 7th are predicted at 735K, and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney broke out a new buy zone, recovering more than 60% from the lows recorded in March following a coronavirus outbreak. Since February, an incredible rally has continued on Wall Street as the stock exchange collapsed amid the epidemiological situation in the world. Disney stocks fell when the company closed its theme parks and suspended Disney Cruise Line. And its quarterly results showed some of these negative consequences. But now everyone is looking forward to the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Westpac Consumer Confidence for November increased by 2.5% monthly to 107.7. Forex traders can compare this to Australian Westpac Consumer Confidence for October, which increased by 11.9% monthly to 105.0. The Reserve Bank of New Zealand kept interest rates unchanged at 0.25%. Economists predicted no change in interest rates. Forex traders can compare this to the Reserve Bank of New Zealand's previous interest rate announcement, where rates were left unchanged...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Pfizer shares skyrocketed in early November after the coronavirus vaccine proved 90% effective in the final phase of the study. But this did not help PFE much when the company was excluded from the desirable Dow Jones Industrial Average. Also, Pfizer and its partner BioNTech are soon planning to apply to the Food and Drug Administration for emergency approval for their COVID-19 vaccine. Companies say they can make up to 50 million doses in 2020 and up to 1.3 billion in 2021....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian NAB Business Conditions for October were reported at 1 and Australian NAB Business Confidence at 5. Forex traders can compare this to NAB Business Conditions for September, reported at 0, and to Australian NAB Business Confidence, reported at -4. The UK Jobless Claims Change for October was reported at -28.8K. Economists predicted a figure of 50.0K. Forex traders can compare this to the UK Jobless Claims Change for September, reported at -40.2K. The UK Employment...
