Comprehensive AUD/USD Analysis for September 28, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of AUD/USD for 28th September 2023.  Key Takeaways Short-Term vs. Long-Term Impact Technical Analysis AUD/USD Daily Chart Analysis (Daily chart of AUD/USD, source: Ultima Markets MT4)  Significant Decline: The daily chart indicated an expected decline in the […]

How Supply Chain Tensions Impact Crude Oil Prices in October 2023 The American Petroleum Institute’s weekly statistical report shows that U.S. crude oil inventories increased by 1.586 million barrels in the week ending September 22, 2023, after a decrease of 5.25 million barrels in the previous week. WTI crude futures rebounded to $90.7 a barrel, […]

Comprehensive AUD/USD Analysis for September 27, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 27th September 2023.  Key Takeaways Fundamentally, our analysis centers on the forthcoming release of Australia’s August CPI data and its potential repercussions for the AUD/USD market. Key takeaways include: AUD/USD Technical Analysis AUD/USD […]

Airlines Issue Profit Warnings as Cost Pressure Rises  Last week, American Airlines and Spirit Airlines joined other airlines in issuing profit warnings that rising costs would hit profits during the peak summer season, as airlines begin reporting third-quarter results in mid-October.  Consequences for Airlines American Airlines said it expects adjusted earnings per share in the […]

Comprehensive USDX Analysis for September 26, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 26th September 2023 Key Takeaways The Federal Reserve’s stance has emerged as the linchpin shaping the USDX’s performance. While September saw a halt in interest rate hikes, the dot plot projections signal a […]

The Bank of Japan’s Monetary Policy: Prioritizing Stability and Inflation Targets The Bank of Japan (BoJ) maintained ultra-low interest rates on Sep. 22 and its pledge to keep supporting the economy until inflation sustainably hits its 2% target, suggesting it was in no rush to phase out its massive stimulus program.  In terms of inflation […]

Comprehensive USD/CNH Analysis for September 22, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CNH for 22nd September 2023. Key Takeaways The Federal Reserve’s Decision: In September, the Federal Reserve made a pivotal decision to halt interest rate hikes. The dot plot hints at the possibility of future rate […]

Main Point: ASX 200 Index’s Recent Decline The ASX 200 Index tumbled 1.3% to below 7,000 on Sep. 22, hitting its lowest levels in six months and tracking losses on Wall Street overnight as the US Federal Reserve’s hawkish pause continued to weigh on investor sentiment. The benchmark index is also on track to lose […]

For investors investing in China’s A-shares, the performance of China’s stock market so far this year has only been slightly impressive at the beginning of the year. However, as China’s economic recovery gradually falls short of expectations, and the exchange rate of CNY/USD continues to fall, the performance of A-shares has also declined. Although there […]

Comprehensive AUD/USD Analysis for September 21, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUD/USD for 21st September 2023. Key Takeaways Federal Reserve’s Monetary Policy: Key to understanding this dynamic currency pair is the recent decision by the Federal Reserve. In September, they opted to halt interest rate hikes. […]