On Tuesday, Reserve Bank of Australia’s Head of Economic Analysis Marion Kohler during his speech reiterates that while inflation has cooldown slightly, it is still hovering at elevated levels. He added that it would take some time for inflation to return to their target of 2-3% which is dependent on economic progression.  During the conference, […]

Following a few days of negotiation, Hamas laid out a series of demands, which includes the exchange of hostages from both parties and rebuilding Gaza. In addition, the armed group demands for a full withdrawal of Israeli forces and an end to the war after 3 phases of 45-day truce.   The group’s demand is in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZDUSD for 9th February 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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for 8th February 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 […]

Recent report revealed that Tesla managers was being asked to identify their subordinates’ position which were critical to their operations, fuelling speculation for a massive layoff in the company. The query, which was sent out to managerial levels soon after Tesla cancelled bi-annual performance review for some of its employees.   The report came as the […]

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: 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 […]

Comprehensive GBP/USD Analysis for January 11, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 11th January 2024.  GBP/USD Key Takeaways  GBP/USD Technical Analysis GBP/USD Daily Chart Insights GBP/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Taiwan Exports Set for Strong 1Q24 Growth as Economic Recovery Gains Momentum In December 2023, Taiwan witnessed a remarkable surge in exports, defying market expectations and setting the stage for a promising start to 2024. This article explores the key factors driving this growth and the challenges that lie ahead. December 2023: A Closer Look […]