Ultima Markets

ISM Manufacturing PMI Falls Short of Expectations In November 2023, the Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) maintained its position at 46.7, mirroring the October reading and falling short of economists’ expectations set at 47.6. This steady figure underscores the persistent challenges faced by the manufacturing sector, signaling ongoing contractionary pressures. […]

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

Snowflake Steady Expansion Amid Challenging Times In the dynamic landscape of cloud data platforms, Snowflake (NYSE:SNOW) has emerged as a key player, evident in its stellar performance in the third quarter of fiscal 2024. The company’s financial results not only surpassed expectations but also showcased robust growth across crucial financial metrics. Snowflake’s Financial Results Overview […]

Comprehensive Brent Oil Analysis for 30th November, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 30th November 2023.  Brent Oil Analysis Key Takeaways  Brent Oil Technical Analysis  Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Unveiling Salesforce’s Stellar 3Q Financial Results In a significant revelation on November 30, Salesforce (CRM.US) unveiled its 3Q financial results, showcasing robust performance that surpassed market expectations. With an astounding $8.72 billion in revenue, the corporation posted a whopping 11% year-over-year (YoY) growth. This fits in well with Wall Street’s expectations, reaffirming Salesforce’s dominance in […]

Comprehensive USD/JPY for 29th November, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/JPY for 29th November 2023.  USD/JPY Key Takeaways  USD/JPY Technical Analysis USD/JPY Daily Chart Insights USD/JPY 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

RBNZ’s Stance on Monetary Policy The Reserve Bank of New Zealand (RBNZ) has upheld its Official Cash Rate (OCR) at 5.5%, a decision expected by market analysts. This marks the fourth consecutive meeting where the central bank has chosen to maintain the current rate, showcasing a deliberate approach to monetary policy. Inflation and Economic Indicators […]

Comprehensive NZD/USD for 28th November, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 28th November 2023.  NZD/USD Key Takeaways NZD/USD Technical Analysis  NZD/USD Daily Chart Insights NZD/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Gold Prices: Touching New Heights In a remarkable turn of events, gold futures and spot prices have surged past the significant $2,000/oz mark on Monday, November 27. This remarkable uptick can be attributed to a surge in safe-haven demand, fueled by anticipation surrounding key economic data set for release this week. Moreover, the recent expectations […]

Unraveling the Dynamics: Bank of Japan’s Response to Accelerating Inflation In November 2023, Japan witnessed an unexpected surge in inflation, sending ripples through its economic landscape. For the first time in four months, the core consumer price index—which does not include the cost of fresh food—rose 2.9% over the prior year. Concurrently, the headline inflation […]