The Bright Outlook for US Stocks: A Market Analysis In November 2023, the US stock market witnessed a significant upswing, reinforcing expectations of an end to the era of rate hikes. The Dow Jones index soared by more than 560 points on November 2nd, marking its most remarkable daily gain since June. Simultaneously, the S&P […]

The Impact of FED’s Decision and ISM Manufacturing PMI in November 2023 In November 2023, the Federal Reserve (FED) once again held its rates unchanged, marking the second consecutive time for such a decision. Investors and financial experts alike anticipated and conjectured about this FED move. In addition, the Manufacturing Purchasing Managers Index (PMI) for […]

Comprehensive USD/CAD for November 2, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 2nd November 2023.  Key Takeaways  USD/CAD Technical Analysis  USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

The Bitcoin ETF Hype In October, cryptocurrency prices increased significantly, especially for bitcoin. Bitcoin had its biggest monthly hike since January. Investors were excited about the possibility that bitcoin exchange-traded funds (ETFs) may soon be approved in the United States. ETF offers easy and affordable access for the average investor as compared to investing in […]

Comprehensive EUR/USD for November 1, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/USD for 1st November 2023.  Key Takeaways  EUR/USD Technical Analysis  EUR/USD Daily Chart Insights EUR/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Comprehensive GBP/NZD for October 31, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/NZD for 31st October 2023.  Key Takeaways  GBP/NZD Technical Analysis  GBP/NZD Daily Chart Insights GBP/NZD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Japan’s Retail and Industrial Production Data Mixed, Yen Appreciated on Expectations of Monetary Policy Change In the ever-evolving sphere of global economics, Japan’s financial landscape remains a focal point of interest. As we navigate through the intricacies of Japan’s retail and industrial sectors, we are presented with mixed data that fuels discussions and influences global […]

Gold Surges Past $2,000 Driven by Geopolitical Tensions Israeli forces have begun their largest ground attack in Gaza so far in the war with Hamas, despite ongoing diplomatic efforts to delay an expected full ground invasion. Fueled by hedge buying, Gold raised above $2,000 an ounce and marked the third straight weekly gain. Gold is […]

U.S. GDP Up 4.9% in 3Q, Fastest Growth in Past Two Years  The U.S. Department of Commerce reported that U.S. GDP grew by 4.9% in the third quarter, exceeding the 2.1% growth in the second quarter and economists’ expectations. Strong consumer spending contributed to the growth drive.   Consumer Spending Takes Center Stage Consumer spending experienced […]

Comprehensive Brent Oil for October 27, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Brent Oil (UKOUSD) for 27th October 2023.  Key Takeaways  Brent Oil Technical Analysis  Brent Oil Daily Chart Insights Brent Oil 1-Hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion