The euro strengthened above $1.07 as investors awaited the overall Eurozone inflation figures for Tuesday. These figures could provide further clues about the European Central Bank’s policy direction. In Germany, the largest European economy, the national consumer price index (CPI) remained unchanged at 2.2% in April, slightly below the forecast of 2.3%. However, the EU-harmonized […]

On Friday, the Nikkei 225 Index rose by 0.84%, ending the day at 37,943.50, and the broader Topix Index went up by 0.86%, finishing at 2,686.45. The surge made up for most of the previous session’s downturn, following the Bank of Japan’s expected decision to keep interest rates unchanged. Additionally, the Bank removed the previous […]

Ultima Markets, one of the fastest-growing online trading brokers, is proud to announce its partnership with Willis Towers Watson (WTW) to enhance its client’s financial security. The partnership will provide comprehensive insurance coverage to all clients with claims up to US$1,000,000 per account. The partnership underscores Ultima Market’s commitment to providing exceptional service to its […]

The US economy expanded at an annualized rate of 1.6% in Q1 2024, the slowest growth since the contractions in the first half of 2022. The reading was lower than the previous quarter’s 3.4% growth and below the forecasted 2.5%. Consumer spending growth decreased to 2.5% from 3.3%, mainly due to a 0.4% fall in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 26th April 2024.  Key Takeaways  Technical Analysis  Weekly 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 EURUSD for 25th April 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 […]

Meta (META.US), the parent company of Facebook, disclosed its March quarter financial results, revealing revenues of $36.5 billion, which marked a 27% increase from the previous year, and earnings of $4.71 per share, surpassing the anticipated figures. The company’s quarterly revenue landed within its projected $34.5 billion to $37 billion range, also outdoing the FactSet […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 24th April 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 […]

Tesla (TSLA.US), the Austin, Texas-based electric vehicle manufacturer, reported disappointing financial results for the first quarter. The company’s revenue of $21.3 billion represented a 9% year-over-year decrease, falling short of analysts’ estimates of $22.34 billion. Additionally, the adjusted earnings per share for the quarter came in at $0.45 per share, lower than the analysts’ expectations […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd April 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 […]