In February 2024, the United States observed a month-over-month escalation in the Final Demand Producer Price Index (PPI) by 0.6%, indicating the largest growth since the previous August, exceeding the 0.3% advance anticipated by the market. A significant rise of 1.2% was seen in the prices of goods, driven largely by a boost of 4.4% […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 14th March 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 FTSE 100 saw a growth of 0.3%, climaxing at a new ten-month record of 7,772 on Wednesday, which makes it the third winning session. Encouraging economic indicators stimulated the market, generating hope that the UK is bouncing back from its economic downturn.  In January 2024, the UK economy showed a moderate increase of 0.2% […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 13th March 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 February 2024, the Consumer Price Index in the United States went up by 0.4% on a month-to-month basis, forming a five-month peak. A raise showcased a subtle acceleration from January’s 0.3% and matched initial predictions. Over 60% of the increase was laid at the door of shelter costs that rose by 0.4% and gasoline […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 12th March 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 Hang Seng index soared to a one-week high of 16,587.57 points on Monday. This substantial rally, a jump of 234.18 points or a 1.43% increase, was driven mainly by a boost in industrial and consumer sector stocks. The positive turn was spurred by freshly released official data, showing a rejuvenation in China’s consumer prices […]

In the last quarter of 2023, Japan’s Gross Domestic Product (GDP) experienced an increase of 0.1% QoQ, contrary to the initial reports that predicted a 0.1% decrease, and the 0.8% decrease seen in the third quarter. The slight rise helped the economy avoid going into the predicted recession. Interestingly, this increment was supported by an […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 8th March 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 DAX 40 in Frankfurt overturned initial downtrends, escalating by 0.14% to hit a record peak of 17,868 points. The European Central Bank’s choice to keep interest rates at unprecedented highs and significant decline in impending inflation predictions stimulated possibilities of a near-term rate reduction, potentially by June.   On the flip side, Hugo Boss individual […]