The US stock market experienced a sharp drop on Friday, with major indices closing significantly lower. The S&P 500 fell 1.84%, the Nasdaq sank 2.43%, and the Dow Jones plunged nearly 610.71 points (-1.51%). The downturn was primarily driven by a weaker-than-expected jobs report, which raised concerns about a slowing economy. For the week, the […]

In its August meeting, the Bank of England reduced its Bank Rate by 25 basis points to 5%, aligning with the expectations of a narrow majority of market participants. The cut lowered the benchmark rate from its 16-year high, where it had remained for a full year. The Monetary Policy Committee (MPC) described the decision […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for AUG 2 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]

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 […]

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 […]

In July 2024, the Federal Reserve kept the federal funds rate at 5.25%-5.50% for the eighth consecutive meeting. The decision aligned with market expectations. The central bank noted progress towards its 2% inflation target, though inflation remains somewhat elevated. Economic indicators suggest continued solid expansion, with job gains moderating and unemployment rising slightly but still […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for AUG 1 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 trading sessions of some products will be adjusted due to international holidays. Please refer to the following details: Holiday Date Adjustments (Product / Actions) Battle of Boyacá Day 2024.08.07 Market Closed USDCOP National Women’s Day 2024.08.09 Market Closed SA40 Assumption Day 2024.08.15 Market Closed USDCLP, USDINR, USDKRW Assumption Day 2024.08.19 Market Closed USDCOP Summer […]

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 […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for July 31 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  H1 Chart Insights  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 […]