The price of copper soared beyond $4.6 per pound, nearing the peak of $4.7 set two years ago, amid a weakening dollar and rising concerns over supply. The combination of investors anticipating interest rate reductions and a disappointing U.S. jobs report exerted downward pressure on the U.S. dollar.  This, in turn, enhanced the buying capacity […]

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 […]

The US labor market showed signs of cooling in April 2024, with employment growth decelerating and the unemployment rate ticking up. According to the latest data, the US economy added 175,000 jobs in April, falling short of market expectations of a 243,000 increase.   The figure also represents a significant slowdown compared to the upwardly revised […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDX for 3rd May 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 […]

In April 2024, the Judo Bank Australia Composite Output Index dropped marginally to 53 from 53.3 the previous month, as per the final figures. Despite a slight deceleration, the private sector in Australia continued to expand robustly. The increase in business activities was mainly confined to the services industry while manufacturing production kept falling. This […]

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 […]

The trading sessions of some products will be adjusted due to international holidays. Please refer to the following details: Holiday Date Adjustments (Product / Actions) Labour Day 2024.05.01 Market Closed GER40, GER40ft, EU50, FRA40,FRA40ft, HK50,HK50ft, SA40, BVSPX USDBRL, USDCLP, USDCOP,USDINR,USDTWD,USDIDR EUB2Y, EUB5Y, EUB10Y, EUB30Y Labour Day 2024.05.02 03：15 Late Open EU50 09：00 Late Open FRA40 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 2nd MAY 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 Federal Reserve maintained the target range for the federal funds rate at 5.25%-5.50% during its May meeting for the sixth consecutive time. The decision was driven by ongoing inflationary pressures and a tight labor market, indicating a lack of progress in bringing inflation back down to the 2% target this year.   However, Chair Powell […]

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 […]