Ultima Markets

Johnson & Johnson Exceeds Quarterly Sales Expectations, Maintains Outlook Johnson & Johnson (JNJ.US), a leading pharmaceutical and medical devices company, recently reported its fourth-quarter results, showcasing robust performance that surpassed analyst expectations. The company’s quarterly sales surged to $21.40 billion, accompanied by a net income of $4.13 billion. On a per-share basis, net earnings reached […]

Comprehensive NZD/USD Analysis for January 23, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 23rd January 2024.  NZD/USD Key Takeaways NZD/USD Technical Analysis NZD/USD Daily Chart Insights NZD/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Understanding PBOC’s Decision to Hold Lending Rates Steady The People’s Bank of China (PBoC) recently announced its decision to maintain lending rates stable, surprising market observers and triggering widespread market downturns. This move, which came amid expectations of further easing, reflects the central bank’s cautious approach towards monetary policy adjustments. Stability in Lending Rates The […]

Bleak Retail Sales Figures Drive Sharpest FTSE Decline in Three Months In the final month of 2023, the United Kingdom witnessed a significant downturn in retail sales, with a staggering 3.2% drop compared to November. This unexpected decline, far exceeding the anticipated 0.5% decrease, marked the most substantial monthly fall since the beginning of the […]

Comprehensive Nikkei 225 Analysis for January 19, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Nikkei 225 for 19th January 2024.  Nikkei 225 Key Takeaways Nikkei 225 Technical Analysis  Nikkei 225 Daily Chart Insights Nikkei 225 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

TSMC Sees Promising AI Chip Market, Expects 20% Revenue Jump This Year  Taiwan Semiconductor Manufacturing Company (TSM.US), a key player in the semiconductor industry, is poised for substantial growth, projecting a 20% revenue increase this year. Let’s delve into the recent developments and insights shaping TSMC’s optimistic outlook. TSMC’s Strong Financial Performance in Q4 2023 […]

Comprehensive USD/CAD Analysis for January 18, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 18th January 2024.  USD/CAD Key Takeaways USD/CAD Technical Analysis  USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

US Holiday Retail Sales Remain Robust Despite Concerns  The retail landscape in the United States experienced a notable surge in December 2023, with a month-over-month increase of 0.6%, surpassing the projected 0.4% rise after a 0.3% uptick in November. This substantial jump, the most significant in three months, was primarily fueled by an impressive 1.2% […]

Comprehensive USD/CHF Analysis for January 17, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CHF for 17th January 2024.  USD/CHF Key Takeaways USD/CHF Technical Analysis  USD/CHF Daily Chart Insights USD/CHF 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Dollar Index Surges to One-Month High Amidst Uncertainty Over Rate Cuts The dollar index has surged to a one-month high, reaching an impressive 103.4 on the index. This unexpected spike comes as investors reassess their expectations for interest rate cuts, reflecting a shift in sentiment that has captured the attention of financial markets. (Dollar Index […]