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From Ultima Markets

Trusted guidance from our knowledgeable experts. Get the latest market news, analysis, and Ultima Markets updates.

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Focus on BITCOIN today – 10th July 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BITCOIN for July 10, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-Hour Chart Insights  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 […]

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Precious Metals Wavers as Investors Seek Clarity on Future Trends 

Platinum prices retreated towards $1,000 per troy ounce after hitting a one-month peak of $1,030 on July 5th. The decline aligns with a broader pullback in precious metals markets, as investors weigh industrial demand against potential Federal Reserve policy shifts.  Downward pressure on platinum prices stems from several factors. China, the world’s largest platinum consumer, […]

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Focus on NZDUSD today – 9th July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZDUSD for July 9, 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 […]

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French Election Results Shift; Markets Await Political Developments 

The French legislative election results dominated market sentiment on Monday, with no party securing a majority. The left-wing New Popular Front emerged victorious with 182 seats, followed by President Macron’s centrist alliance with 168 seats, and the far-right National Rally party with 143 seats. This outcome has shifted focus to the question of who will […]

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Wall Street Rallies on Soft Jobs Data and Rate Cut Speculation 

On Friday, the S&P 500 and the Nasdaq hit record highs, climbing by 0.54% and 0.9%, respectively, and the Dow Jones added 67.87 points (0.17%). The session was influenced by data indicating a decrease in US hiring for June and a rise in the unemployment rate to the highest since the end of 2021, which […]

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Focus on COPPER today – 5th July 2024

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for July 5, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights 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 […]

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Brazilian Market Rallies as New Fiscal Reforms Spark Investor Optimism 

President Lula da Silva of Brazil held extensive three-day meetings with multiple ministers, addressing long-standing concerns over fiscal imbalances and unsustainable deficits. Following these discussions, Lula directed a cut of R$25.9 billion in mandatory expenses, demonstrating a firm commitment to the new federal fiscal framework.  Finance Minister Fernando Haddad elaborated on the framework’s objectives, which […]

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Focus on GBPUSD today – 4th July 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 4 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-Hour Chart Insights  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 […]

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Bitcoin Retreats Amid Upward Pressure and Negative News 

Bitcoin’s value has decreased by approximately 3%, hovering near the crucial $60,000 mark. The situation marks the third instance in two weeks where the support level has been tested. Market analysts attribute the decline primarily to the anticipated commencement of Mt. Gox creditor repayments.  Mt. Gox, a defunct Bitcoin exchange, is poised to distribute over […]

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Focus on China A50 today – 3rd July, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the China A50 for July 3, 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 […]