Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Spanish CPI for April is predicted to rise by 3.4% annualized. Forex traders can compare this to the Spanish CPI for March, which increased by 3.2% annualized. Eurozone Economic Sentiment for April is predicted at 96.9. Forex traders can compare this to Eurozone Economic Sentiment for March, reported at 96.3. Eurozone Industrial Sentiment for April is predicted at -8.5, and Eurozone Services Sentiment at 6.5. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In the past months, Bank of America's stock has surged, recording a remarkable 44% gain since November. This rise is largely attributed to the Federal Reserve's halt on interest rate hikes, providing a favorable environment for bank stocks. However, persistent inflationary pressures have led to a reassessment of interest rate cut expectations for 2024. Given these shifts, is Bank of America a suitable addition to your investment portfolio? One driving factor behind the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore's Industrial Production for March plunged by 16.0% monthly and 9.0% annualized. Economists predicted a contraction of 8.8% and 1.5%. Forex traders can compare this to Singapore's Industrial Production for February, which surged by 14.6% monthly and rose by 4.4% annualized. US Personal Income for March is predicted to increase by 0.5% monthly, and Personal Spending by 0.6% monthly. Forex traders can compare this to Personal...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of AT&T recently dipped approximately half a percentage point following the telecom giant's first-quarter results announcement before the market opened on April 24. The results for the first quarter surpassed Wall Street's expectations, with the company's 5G infrastructure attracting new customers and retaining existing ones more effectively than its competitors. While it wasn't an outstanding quarterly report, the company's ultra-high-yield...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Verizon Communications kicked off Monday, April 22, on a subdued note, with its shares taking a slight dip in response to its first-quarter earnings report. Investors seemed unimpressed by the results, resulting in a modest 3% decline in the stock price. While Verizon may not be experiencing rapid growth like some other companies, it boasts reliability as a well-established player in the telecommunications sector. One of its standout features is its track record of consistently...