Wheat futures prices languished near $6.30 per bushel in late December, poised to end 2023 roughly 15% lower year-over-year. Abundant global supplies from major producers like Russia and South America outweighed supply disruption risks stemming from the ongoing war in Ukraine. The latest USDA forecasts showed Russia’s 2023/2024 wheat crop could reach 90 million metric […]

Futures contracts switch to new contracts on the expiration date regularly, the process is known as “Rollover.” Market prices may experience fluctuations caused by non-market factors after the rollover. Positions in futures contracts will undergo corresponding funding adjustments based on the rollover direction to reflect the value change when transitioning between old and new contracts. […]

The specification for US shares CFD will be adjusted during the upcoming US earnings season. Adjustment Details 1. Effective Date: Since 8th , Jan 2024 2. Adjustment: The leverage of US Shares CFD will be adjusted from 33:1 to “20:1”. From 8th , Jan 2024 Product Previous Leverage Leverage after updating US share CFDs 33:1 […]

Comprehensive USD/CAD Analysis for December 27, 2023 USD/CAD Key Takeaways USD/CAD Fundamental Analysis Greenback took a hit during holiday season trading, pinned down by bearish economic data. From the Canadian end, its latest Gross Domestic Product for the month of October came in flat at 0%, falling short of expectation for a rise of 0.2%. […]

When you are trading in Contracts for Difference (CFDs) on spot stock indices, if a component of the underlying stock index pays a dividend/dividend (payout) to its shareholders, your trading account will be adjusted ex-dividend at 00:00 server time on the same day, and the corresponding gain or expense will occur depending on the position […]

Comprehensive A50 Analysis for December 27, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the ChinaA50 for 27th December 2023.  A50 Analysis Key Takeaways  A50 Technical Analysis  A50 Daily Chart Insights A50 1-hour Chart Analysis A50 Trading Central Pivot Indicator Conclusion 

Evaluating the Impact: U.S. Treasury Bond Yields Amid Rate Cut Predictions Amidst evolving market dynamics, the U.S. 10-year treasury bond yield has witnessed a significant shift, settling at 3.88% post the Christmas holiday. This recent descent brings the yield in close proximity to its lowest levels since late July, painting a picture of cautious investor […]

When you are trading in Contracts for Difference (CFDs) on spot stock indices, if a component of the underlying stock index pays a dividend/dividend (payout) to its shareholders, your trading account will be adjusted ex-dividend at 00:00 server time on the same day, and the corresponding gain or expense will occur depending on the position […]

Comprehensive USD/JPY Analysis for December 26, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/JPY for 26th December 2023.  USD/JPY Key Takeaways  USD/JPY Technical Analysis  USD/JPY Daily Chart Insights USD/JPY 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Shanghai Composite Index: Navigating Market Dynamics The Shanghai Composite index showcased resilience as it rebounded by 0.14%, gaining 4.04 points to close at 2,918.81 on Monday. This positive shift followed Beijing’s reconsideration of its stance on the online gaming industry, approving 105 domestic games. This move brought relief to the market, which had experienced a […]