Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian NAB Business Conditions for August were reported at -6 and Australian NAB Business Confidence at -8. Forex traders can compare this to NAB Business Conditions for July, reported at 0, and to Australian NAB Business Confidence, reported at -14. French non-arm payrolls for the second quarter decreased by 0.9% quarterly. Economists predicted a decrease of 0.6%. Forex traders can compare this to French non-arm payrolls for the first quarter, which decreased by 2.0%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight ExxonMobil is going through a difficult time. The oil giant price fell by more than 40% this year, burdened by the weight of falling oil rates. It indicates that the oil giant's shares fell by about 60% from the previous high, which was reached when oil prices last expressed in three-digit numbers. So, let's try to see if that oil company's stock can recover given the current state of the business. One reason Exxon shares dropped in spring is that oil demand fell...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney made an incredible comeback. Despite a significant blow to revenues and notable declines in the last quarter, thanks to a reduction in a load of parks and closed cinemas, this media giant has soared by more than 65% compared to the March minimum. Even though Disney has started the process of recovering, it may take some time before earnings return to pre-crisis levels. Given the environment in which the company operates, Disney shares could undergo while the company...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Retail Sales for July increased by 27.4% monthly and decreased by 8.5% annualized. Forex traders can compare this to Singapore Retail Sales for June, which increased by 50.7% monthly, and which decreased by 27.7% annualized. The US NFP Report for August is predicted to show 1,400K job additions and an unemployment rate of 9.8%. Forex traders can compare this to the US NFP Report for July, which showed 1,763K job additions and an unemployment rate of 10.2%. Private...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Chinese e-commerce giant Alibaba Group is at the top of the ladder. The company has smashed Wall Street's estimates in the era of the COVID-19 pandemic, and stock prices have soared 64% in the last 52 weeks. Let's analyze if it's still possible to invest in Alibaba shares at the eleventh hour, or it's too late? The company's sales grew 30% year on year to $21.8 billion in the August report for the first quarter. Profits rose 15% to $2.10 per share. The...
