Tag Archives: ISM
US Data Disappoints, Tech Stocks Lead the Slide
Major averages on Wall Street stumbled on Tuesday, adding to previous declines triggered by a far-reaching sell-off in the tech sector and rising fears regarding a possible economic deceleration. A 1% fall was recorded by the S&P 500, the Dow Jones took a dive, dropping 404 points, while the Nasdaq receded by 1.6%. New data […]
Focus on Copper today – 13th FEB 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Copper for 13th 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 […]
Uncertainty Over Rate Cut Clouds US Stocks Prices
Gloomy Economic Data The recent decline in US stocks on January 3rd, driven by uncertainties surrounding potential interest rate cuts, has left investors seeking clarity. The minutes from the latest Federal Open Market Committee (FOMC) meeting failed to provide a clear timeline for rate adjustments, contributing to a 0.8% drop in the S&P 500 and […]
FED’s Latest Move and November 2023’s ISM Manufacturing PMI
The Impact of FED’s Decision and ISM Manufacturing PMI in November 2023 In November 2023, the Federal Reserve (FED) once again held its rates unchanged, marking the second consecutive time for such a decision. Investors and financial experts alike anticipated and conjectured about this FED move. In addition, the Manufacturing Purchasing Managers Index (PMI) for […]
