On Monday, 4th March, Sea Limited (SE.US) announced a loss of 19 cents per share from the sales garnering $3.62 billion in the fourth quarter. Analysts expected a loss of 20 cents from a revenue of $3.57 billion. Sea is a significant internet services provider in Southeast Asia, managing operations in sectors such as digital […]

The dollar index continued its downward trajectory, dipping below 104, as a stream of disappointing economic figures out of the US and comments from certain central bank officials impacted investors.   The US manufacturing industry, as revealed by the latest PMI survey from the ISM, has been shrinking for the 16th month in a row in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDJPY for 1st 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 […]

The US recorded a 0.3% growth in its personal consumption expenditure price index in January 2024, conforming to the anticipated market predictions of 0.3%. This marginally increased compared to an adjusted 0.1% surge experienced the previous month, December. Service prices experienced a 0.6% rise while goods showed a 0.2% decrease. The year-on-year growth rate declined […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for 29th February 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 Wednesday, February 28, WTI crude futures experienced a slight decline, landing at $78.5 per barrel. This adjustment occurred as market traders juggled the escalating U.S. crude reserves along with the conjecture about an extension of supply curtailments by OPEC+. As per the latest report by the EIA, the preceding week demonstrated a rise in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZDUSD for 27th February 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 Monday, February 26th, the S&P/ASX 200 Index saw an increase of 0.12% to conclude at 7,653, making it the third successive gainful session. This growth followed a worldwide stock market rally. Positive sentiments enveloped the tech stocks all over the globe when Nvidia, a semiconductor giant, released quarterly results last week that surpassed expectations.  […]

The HCOB France Manufacturing PMI increased to 46.8 in February 2024 from 43.1 in January, which was higher than market expectations of 43.5. Although the PMI remained below the 50 mark that indicating contraction for the 13th straight month, the February reading was the highest since March 2023.   The increase was largely attributable to improvements […]

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