Category Archives: Market Outlook (New)
Understanding India’s Industrial Growth Dynamics
Written on November 13, 2023 at 11:46 am, by carl
Industrial Growth in India Decelerated to 5.8% in September, Marking a Three-Month Low Compared to 10.3% in August In the realm of economic fluctuations, India stands as a significant player, showcasing its industrial prowess amidst a landscape shaped by various factors. Recent statistical revelations have illuminated the nuances of the country’s industrial growth, marking a […]
Why Nikkei 225 Index Still Hit New Highs This Year?
Written on November 13, 2023 at 9:06 am, by carl
Why the Nikkei 225 Index Surpassed Expectations in 2023? When it comes to the Japanese economy, that clichéd comment always pops up in our mind: “The Lost Decades“. Since the collapse of the bubble economy in the 1980s and 1990s, the Nikkei 225 Index has been sluggish. Especially when the COVID-19 epidemic broke out a […]
Focus on AUD/USD Today – 10th November 2023
Written on November 10, 2023 at 2:31 pm, by carl
Comprehensive AUD/USD for November 10, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 10th November 2023. Key Takeaways AUD/USD Technical Analysis AUD/USD Daily Chart Insights AUD/USD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
Korean Won Revived After Interventions by Korean Government
Written on November 10, 2023 at 1:15 pm, by carl
Understanding the South Korean Currency Dynamics and Market Interventions In the global financial landscape, the South Korean Won (KRW) has showcased a narrative of resilience and volatility in recent months, reflecting the intricate interplay of global economic forces and local regulatory interventions. Let’s delve into the multifaceted factors contributing to the EBB and flow of […]
Focus on BRENT OIL Today – 9th November 2023
Written on November 9, 2023 at 2:48 pm, by carl
Comprehensive Brent Oil for November 9, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 9th November 2023. Key Takeaways Brent Oil Technical Analysis Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Bottom Line
Switzerland Tops Euro Nations With Remarkable Inflation Rate
Written on November 9, 2023 at 1:32 pm, by carl
Inflation Rate Remains Unchanged at 1.7% Switzerland stands out as a beacon of stability and resilience. In October 2023, the annual inflation rate in Switzerland remained steady at 1.7%, meeting market predictions. There was a 0.1% increase in the Consumer Price Index (CPI) compared to the previous month, reversing a 0.1% decline. Several factors contributed […]
Focus on EUR/USD Today – 8th November 2023
Written on November 8, 2023 at 1:20 pm, by carl
Comprehensive EUR/USD for November 8, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/USD for 8th November 2023. Key Takeaways EUR/USD Technical Analysis EUR/USD Daily Chart Insights EUR/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
Singapore’s PMI Moderate Growth, Index Hits 1.2-Year High
Written on November 8, 2023 at 11:36 am, by carl
Singapore’s Manufacturing Sector: A Resilient Recovery and Soaring Confidence In the ever-evolving landscape of Singapore’s manufacturing sector, the latest data paints a promising picture of recovery and growth. The Purchasing Managers’ Index (PMI) for October 2023 inched up slightly to 50.2, marking the second consecutive month above the pivotal 50-point threshold. This upward trend signals […]
Focus on AUD/USD Today – 7th November 2023
Written on November 7, 2023 at 2:23 pm, by carl
Comprehensive AUD/USD for November 7, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 7th November 2023. Key Takeaways AUD/USD Technical Analysis AUD/USD Daily Chart Insights AUD / USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion
The Canadian Dollar Recovered from One-Year-Low of Weak USD
Written on November 7, 2023 at 11:39 am, by carl
CAD Bounced, But Appreciation Capped The Canadian dollar has strengthened to 1.37 per USD, bouncing back strongly from the one-year low of 1.39 reached on November 1st. This recovery was strengthened by a general retreat in the DXY index, as weak economic data from the US reinforced the Federal Reserve’s indications that they may hold […]
