Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss GDP for the second quarter decreased by 8.2% quarterly and by 9.3% annualized. Economists predicted a decrease of 8.6% and 9.6% annualized. Forex traders can compare this to the Swiss GDP for the first quarter, which decreased by 2.5% quarterly and by 0.7% annualized. US Initial Jobless Claims for the week of August 22nd are predicted at 1,000K, and US Continuing Claims for the week of August 15th are predicted at 14,450K. Forex traders can compare this to US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Citigroup's share price fell by about 36% this year, reaching about $51 per share at closing on Monday. It is a pretty big discount - but does this make Citigroup an undervalued asset? As you know, an undervalued company is one that trades at a lower price in relation to revenue, profits, and other fundamental indicators due to temporary reasons. Investments in undervalued shares are usually made on the assumption that they will return to their original value and will...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for July increased by 1.6% monthly and decreased by 8.4% annualized. Economists predicted an increase of 6.0% and a decrease of 5.7%. Forex traders can compare this to Singapore Industrial Production for June, which increased by 0.6% monthly, and which decreased by 6.5% annualized. US Preliminary Durable Goods Orders for July are predicted to increase by 4.3% monthly, and Durables Excluding Transportation are predicted to increase by 2.0%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel shares recently jumped after the chipmaker announced a $10 billion buyback plan, completing a five-month postponement during the COVID-19 outbreak. Earlier last October, Intel launched a $20 billion buyback plan and already bought back $7.6 billion before the suspension. The new expedited buybacks are a continuation of this previous program. Intel spent $10 billion on August 21 on the buyback, originally getting 166 million shares with additional shares. Intel's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Final German GDP for the second quarter decreased by 9.7% quarterly and 11.3% annualized. Economists predicted a decrease of 10.1% and 11.7% annualized. Forex traders can compare this to the first-quarter German GDP, which decreased 2.0% quarterly and by 1.8% annualized. The Swiss Employment Level for the second quarter was reported at 5.095M. Forex traders can compare this to the Swiss Employment Level for the second quarter, reported at 5.132M. The German IFO...
