Category Archives: Market News (New)

U.S. Hits Canada, Mexico, and China with New Tariffs Last Friday, former President Donald Trump announced that the U.S. would impose tariffs of 25% on Canada and Mexico, along with 10% on China. He warned that punitive duties would follow if Canada and Mexico failed to take stronger measures to curb the flow of fentanyl […]

Markets Rise on Trump Policy Hints The S&P 500 reached a record high on Thursday following U.S. President Donald Trump’s announcement that he would advocate for lower interest rates, boosting stock markets despite ongoing investor caution over his next trade policy moves. The S&P 500 closed 0.5% higher after hitting an all-time high of 6,118.73 […]

New Zealand Inflation Steady at 2%, Rate Cut Expected New Zealand’s annual inflation rate remained steady at 2% in the fourth quarter of 2024, slightly higher than anticipated but still within the Reserve Bank of New Zealand’s target range of 1–3%. On a quarterly basis, the Consumer Price Index (CPI) rose by 0.5%, easing slightly […]

Canada’s December Inflation Slows with Mid-Month Tax Break Canada’s annual inflation rate slowed in December, as data released on Tuesday revealed. This was partly due to a sales tax break introduced mid-month, which reduced the prices of alcohol, restaurant food, and children’s clothing. The annual inflation rate dropped to 1.8%, according to Statistics Canada, slightly […]

Markets Await Trump’s Moves The dollar fell sharply on Monday after an official from the incoming U.S. administration indicated that President-elect Donald Trump would not impose new trade tariffs on his first day in office. This announcement eased fears of an immediate tariff blitz. (U.S Dollar Index Daily Chart, Source: Trading View) Trump, who is […]

Housing Gains Amid Challenges U.S. single-family homebuilding rose to a 10-month high in December, suggesting some improvement in housing activity toward the end of the year. However, rising mortgage rates and an oversupply of new homes on the market could slow the pace of recovery. According to a report from the Commerce Department on Friday, […]

BOJ Poised for Rate Hike Amid Wage Growth Optimism  The yen is set for its strongest weekly performance in over a month, driven by growing expectations that the Bank of Japan (BOJ) will raise interest rates next week, pressuring the dollar ahead of Donald Trump’s potential return to the White House. The USD has dropped […]

Markets Bet on June Rate Cut  The consumer price index (CPI) climbed 0.4% last month, marking the largest increase since March, following a 0.3% rise in November, as reported by the Bureau of Labor Statistics. Annually, CPI rose 2.9% through December, the highest since July, up from November’s 2.7%.  Part of the annual CPI rise […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for JAN 15, 2025.  Fundamental Analysis of EURUSD  EURUSD Key Takeaways  Technical Analysis of EURUSD Daily and Hourly Charts  EURUSD Daily Chart Insights  (EURUSD Daily Price Chart, Source: Ultima Markets MT4)  EURUSD 1-hour Chart Analysis  (EURUSD H1 Price Chart, Source: Ultima […]

Fed Holds Firm Amid Slower Producer Price Growth  US producer prices saw a less than an expected increase in December, this increase was aided by the stable service prices that offset the rise in the goods costs. This establishes the fact that the inflation is still on a downward trend, even after certain stagnation has […]