Category Archives: Market Outlook (New)
Focus on EURUSD today – 2nd FEB 2024
Written on February 2, 2024 at 11:57 am, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 2nd 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 […]
Mastercard Earnings Top Estimates as Spending Remains Strong
Written on February 2, 2024 at 11:51 am, by carl
During the final quarter of last year, Mastercard (MA.US) exceeded forecasts, recording a 20% growth in adjusted earnings per share, reaching $3.18, while revenue also experienced a boost of 12.5%, amounting to $6.55 billion. This solid growth for the company is a repetition of the previous quarter. The consistent consumer spending, robust cross-border volumes, a […]
Focus on China A50 today – 1st FEB 2024
Written on February 1, 2024 at 10:51 am, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the China A50 for 1st 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 […]
Stocks Sank as Powell Downplays Rate Cut
Written on February 1, 2024 at 10:44 am, by carl
In the January meeting, the Federal Reserve (FED) opted to maintain Fed funds rate at 5.25%-5.5%, holding steady at its 23-year high for the fourth consecutive meeting, aligning with expectations. Policymakers conveyed that they are hesitant to lower rates until they are more confident in inflation sustainably approaching 2%. During the press conference, Fed […]
Focus on USDJPY today – 31st January 2024
Written on January 31, 2024 at 11:34 am, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 31st January 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 […]
Microsoft Shares Slip whilst Topping Q2 Estimates
Written on January 31, 2024 at 11:27 am, by carl
Exceeding expectations, Microsoft (MSFT.US) unveiled robust second-quarter financials on Tuesday, January 30, anchored by cloud computing strength. Earnings outpaced forecasts at $2.93 per share (adjusted), on sales of $62 billion that similarly surpassed estimates. Propelling top-line outperformance, pivotal cloud revenues expanded to $33.7 billion versus $32.2 billion projected. Azure cloud platform momentum persisted within the […]
Focus on USDCAD today – 30th January 2024
Written on January 30, 2024 at 12:02 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 30th January 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion
U.S. Core PCE Dips, Rate Cuts Imminent
Written on January 30, 2024 at 11:55 am, by carl
U.S. Core PCE Prices Dip: Implications for Rate Cuts In December 2023, the core PCE prices in the United States, which do not take into account food and energy, saw an increase of 0.2% compared to the previous month, marching in step with projected market predictions. This was a small uptick from November’s increase of […]
Crude oil prices skyrocketed following Houthis’ attack.
Written on January 29, 2024 at 11:43 am, by carl
Crude oil prices: The Red Sea attack WTI oil price on Monday. Crude oil prices rose more than 1% on Monday after Houthi movement launched an attack on a fuel tanker in the Red Sea. Commodities trader Trafigura released a statement on risk assessment on Saturday, noting possible oil supply disruption following the attack last […]
Focus on USD/CHF today – 26th January 2024
Written on January 26, 2024 at 11:55 am, by carl
Comprehensive Analysis for USD/CHF for January 26, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CHF for 26th January 2024. USD/CHF Key Takeaways USD/CHF Technical Analysis USD/CHF Daily Chart Insights USD/CHF 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion
