In the first quarter of 2024, New Zealand’s economy experienced a quarter-on-quarter expansion of 0.2%, marking a turnaround from a contraction of 0.1% in the final quarter of 2023. Such growth surpassed economists’ predictions, which had anticipated no change in economic performance during that period. The economy has shown signs of improvement, having expanded in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 19, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  4-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

In May 2024, US retail sales experienced a slight uptick of 0.1% month-over-month, coming from a revised 0.2% decline in April, and fell short of the anticipated 0.2% growth. Such movement signals a dip in consumer sentiment.   Conversely, manufacturing output saw significant growth, rising 0.9% in the same month and outperforming the expected 0.3% increase. […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for June 18, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

On Tuesday, the Nikkei 225 Index saw a 0.9% rise, reaching approximately 38,440, while the Topix Index increased by 0.7% to 2,720, recapturing roughly half of the losses from the previous session. The uplift paralleled a tech-led rally on Wall Street overnight, driving major US indexes to new record highs. Significant gains were propelled by […]

The Ibovespa, Brazil’s benchmark stock index, managed to recover from its initial losses during the day’s trading session, ending with a slight increase of 0.1% to reach 119,662 points by the close on Friday.   Despite nearing its lowest point since the beginning of November, influenced by ongoing political disputes, the index saw a weekly decline […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for June 14, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

The U.S. Bureau of Labor Statistics (BLS) disclosed its latest figures on Thursday, revealing the Producer Price Index (PPI) for May. This index, which measures the average change over time in the selling prices received by domestic producers for their output, showed a year-on-year increase of 2.2%. The growth rate is slightly below what financial […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 13, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

In June 2024, for the seventh consecutive meeting, the Federal Reserve decided to maintain the federal funds target range at 5.25%-5.50%, aligning with predictions. The Fed’s policymakers anticipate that until there is greater confidence in inflation sustainably approaching 2%, a reduction in rates will not be deemed appropriate. The current dot plot indicates that policymakers […]