Tag Archives: CPI

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for June 26, 2024.  Key Takeaways  Technical Analsis  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 Canadian Consumer Price Index (CPI), which measures inflation, decreased to an annual rate of 2.7% in April, down from 2.9% in March, according to Statistics Canada’s report released on Tuesday. This figure matched market expectations. The government agency attributed the slowdown in inflation to a deceleration in price increases for food, services, and durable […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 16th MAY 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 […]

Retail sales in the United States remained flat in April 2024, showing no change from the previous month. This followed a downwardly revised gain of 0.6% in March and defied market expectations of a 0.4% rise, suggesting consumer spending has slightly eased.   Out of the 13 categories tracked, 7 posted declines. Significant drops were seen […]

China’s annual inflation rate rose to 0.3% in April 2024, surpassing market estimates and the previous month’s figure of 0.1%. It marked the third consecutive month of consumer inflation, amid an ongoing recovery in domestic demand despite a fragile economic revival.   Non-food inflation accelerated to 0.9% from 0.7% in March. Simultaneously, transport costs added 0.1% […]

In February 2024, the Consumer Price Index in the United States went up by 0.4% on a month-to-month basis, forming a five-month peak. A raise showcased a subtle acceleration from January’s 0.3% and matched initial predictions. Over 60% of the increase was laid at the door of shelter costs that rose by 0.4% and gasoline […]

The Federal Reserve, being a central bank with a dual mandate, is significantly tasked with ensuring equilibrium between inflation and employment market scenarios. Each consumer gets impacted by price fluctuations of goods and services, whether they are buying everyday commodities like milk and eggs or renting houses that are elastic to interest rates.  In the […]

Equities declined across the board as US dollar hit three-month high following the release of US inflation data. According to Labour Department’s Bureau of Statistics, US Consumer Price Index (CPI) rose 0.3% last month, slightly higher than forecast of 0.2%. Looking at yearly comparison, US CPI currently stands at 3.1%, well above Federal Reserve’s target […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 14th 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 […]

Comprehensive USDX Analysis for January 12, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 12th January 2024.  USDX Key Takeaways  USDX Technical Analysis  USDX Daily Chart Insights USDX 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion