Better-than-expected Manufacturing PMI Recorded for Germany In October 2023, Germany’s manufacturing sector delivered a surprising uptick in performance, marked by the HCOB Flash Germany Manufacturing PMI reaching a 5-month high of 40.7. This exceeded both expectations and the previous month’s record of 39.6, suggesting a promising turn of events in the German industrial landscape. While […]

Comprehensive USD/CAD for October 25, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 25th October 2023.  Key Takeaways  USD/CAD Technical Analysis  USD/CAD Daily Chart Insights USD/CAD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Reviving Australian Manufacturing: A Roadmap for Success In recent times, Australia’s manufacturing sector has faced a challenging landscape. The Manufacturing PMI hit its lowest level in six months, declining to 48 in October 2023 from 48.7 in the previous month. This marks the eighth consecutive monthly decline in business conditions, a cause for concern. Understanding […]

Comprehensive GBP/USD for October 24, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023.  Key Takeaways  GBP/USD Technical Analysis  GBP/USD Daily Chart Insights GBP/USD 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator  Conclusion 

Geopolitical Turmoil Fuels Oil Price Surge Amidst the volatile landscape of the global oil market, October 2023 stands out as a month of upheaval and uncertainty, with crude oil prices surging to a noteworthy $90 per barrel. This escalation can be attributed to escalating geopolitical tensions, notably the intensifying conflicts between Israel and Gaza, which […]

Comprehensive GBP/USD for October 20, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023.  Key Takeaways  GBP/USD Technical Analysis  GBP/USD Daily Chart Insights GBP/USD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion 

Australia Unemployment Rate Hit New Lows in the last three months As of September, the nation boasts a strikingly low unemployment rate of 3.6%, surpassing market expectations and marking a significant improvement from August’s 3.7% figure. The ripple effect of this achievement is evident as 19.8 thousand people found employment, reducing the total number of […]

Comprehensive NZD/USD Analysis for October 19, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 19th October 2023.  Key Takeaways  NZD/USD Technical Analysis  NZD/USD Weekly Chart Insights NZD/USD 4-hour Chart Analysis Ultima Markets MT4 Pivot Indicator  Conclusion 

U.S. Retail Sales Thrived in September 2023 As we delve into the latest economic data for September 2023, it becomes evident that the U.S. retail and manufacturing sectors are experiencing notable developments. This comprehensive report highlights the key statistics and trends that are shaping these critical segments of the American economy. Consumer Spending Takes the […]

Comprehensive Brent Oil Analysis for October 18, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 18th October 2023.  Key Takeaways  Brent Oil Technical Analysis  Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets Pivot Indicator  Conclusion  Legal Documents  Ultima Markets, a trading name […]