In June 2024, the Swiss National Bank (SNB) decided to lower the primary policy rate by 0.25 percentage points, settling it at 1.25%. Such action aligned with the financial market’s expectations and mirrored the bank’s previous move at its earlier meeting. The decision stemmed from a diminishment in the core inflation pressures and the robustness […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 21st June 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 with […]

In May, the annual rate of inflation in the United Kingdom dropped to the 2% level that the central bank aims for, meeting the expectations of financial analysts. Additionally, the core inflation rate, which removes the volatile food and energy prices to give a clearer view of inflationary trends, decreased from 3.9% to 3.5%, aligning […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 20, 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 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 […]