Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final Japanese Jibun Bank Services PMI for August was reported at 45.0, and the Final Japanese Jibun Bank Composite PMI at 45.2. Economists predicted a figure of 45.0 and 44.9. Forex traders can compare this to the previous Japanese Jibun Bank Services PMI for August, reported at 45.4, and to the previous Japanese Jibun Bank Composite PMI, reported at 44.9. US Initial Jobless Claims for the week of August 29th are predicted at 950K, and US Continuing Claims for the week of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The coronavirus pandemic has dealt a heavy blow to the economy, causing significant damage to some industries while stimulating others. eBay, an e-commerce company, joined the last camp. The company managed to make money in the second quarter, thanks to increased consumer participation in e-commerce due to quarantine restrictions and self-isolation. E-commerce sales in the U.S. are predicted to grow 18 percent this year due to the impact of the pandemic. It suggests that eBay...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian GDP for the second quarter decreased by 7.0% quarterly and by 6.3% annualized. Economists predicted a decrease of 6.0% and 5.3% annualized. Forex traders can compare this to the Australian GDP for the first quarter, which decreased by 0.3% quarterly, and which increased by 1.6% annualized. Capital Expenditure for the second quarter decreased by 4.9% quarterly, the Chain Price Index decreased by 0.2% quarterly, and Final Consumption decreased by 8.1% quarterly....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Recently, the shares split is becoming more and more popular. The trend began after an unexpected decision of Apple to split its shares. Tesla followed suit and split shares yesterday. Since both Apple and Tesla pulled the trigger, some investors expect that many other companies will do the same soon. Among the best candidates would be Alphabet. Next, you will find a few reasons why Alphabet should be next to Apple and Tesla. Alphabet had only one split of shares during its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The final UK Markit/CIPS Manufacturing PMI for August is predicted at 55.3. Forex traders can compare this to the UK Markit/CIPS Manufacturing PMI for July, reported at 53.3. UK Mortgage Approvals for July are predicted at 54.84K. Forex traders can compare this to UK Mortgage Approvals for June, reported at 40.01K. UK Net Consumer Credit for July is predicted at £0.678B, and Net Lending Securities on Dwellings is predicted at £2.800B. Forex traders can compare this...
