In the last quarter of 2023, New Zealand’s economy declined by 0.1%, after a 0.3% drop from the earlier quarter. This disappointed market predictions which expected a 0.1% rise. A noteworthy fourth downturn happened over the preceding five quarters, primarily attributed to a fall in wholesale trade (moving from -2.2% in the third quarter to […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 21st 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 this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for 20th 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 […]

China’s retail sales saw a 5.5% year-on-year increase in the combined months of January and February 2024. This figure surpassed the market consensus of 5.2% and followed a 7.4% rise in December.   Retail trade experienced growth for the 13th consecutive month, with sales rising further for various categories such as grain and food oil […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 19th 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 […]

As of February 2024, the confirmed yearly inflation rate in the Euro Area was 2.6%, marking the lowest in three months, yet still surpassing the 2% target that the European Central Bank set. Energy prices dipped by 3.7%, compared to a 6.1% fall in January. Inflation growth experienced a slowdown for food, alcohol & tobacco […]

On Monday, the Nikkei 225 Index experienced a sharp increase of 2%, rising over 39,400, while the inclusive Topix Index advanced 1.2%, achieving 2,703. This vast market recovery contributed to regaining some of the losses seen last week, backed by the depreciating yen.  Additionally, market players are casting their gaze toward the forthcoming policy verdict […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the OIL for 15th 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 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 […]