On Wednesday, February 28, WTI crude futures experienced a slight decline, landing at $78.5 per barrel. This adjustment occurred as market traders juggled the escalating U.S. crude reserves along with the conjecture about an extension of supply curtailments by OPEC+. As per the latest report by the EIA, the preceding week demonstrated a rise in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZDUSD for 27th 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 […]

On Monday, February 26th, the S&P/ASX 200 Index saw an increase of 0.12% to conclude at 7,653, making it the third successive gainful session. This growth followed a worldwide stock market rally. Positive sentiments enveloped the tech stocks all over the globe when Nvidia, a semiconductor giant, released quarterly results last week that surpassed expectations.  […]

The HCOB France Manufacturing PMI increased to 46.8 in February 2024 from 43.1 in January, which was higher than market expectations of 43.5. Although the PMI remained below the 50 mark that indicating contraction for the 13th straight month, the February reading was the highest since March 2023.   The increase was largely attributable to improvements […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd 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 […]

Shares of Moderna (MRNA.US) experienced a significant increase on Thursday as it reported a surprising profit and surpassed Wall Street’s quarterly forecasts. The Covid vaccine producer announced earnings of $0.55 per share on $2.8 billion in revenue for the fourth quarter, shattering FactSet analysts’ predictions of a $0.99 per share loss on $2.5 billion in […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZDUSD for 22nd 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 […]

Nvidia (NVDA.US) exceeded expectations with its fourth-quarter results, outperforming Wall Street projections for both revenue and earnings. The semiconductor giant posted adjusted earnings per share of $5.16, higher than the estimated $4.60. Revenue came in at $22.10 billion, surpassing the anticipated $20.41 billion. Data center revenue hit $18.4 billion, exceeding the forecast of $17.21 billion. […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 21st 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 […]

The retail giant Walmart (WMT.US) delivered a stellar performance in its fourth quarter, exceeding expectations with robust earnings. The company also announced an increased annual dividend and a $2.3 billion acquisition of Vizio (VZIO.US), a smart-TV manufacturer, further bolstering its position in advertising and media business to compete with Amazon Prime. This impressive news propelled […]