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From Ultima Markets

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Ultima Markets The Adjustments of Leverage for TRY

The specification for TRY Crosses will be adjusted during the end of the upcoming Turkish election. Adjustment Details 1. Effective Date: Since 28th , Mar 2024 2. Adjustment: The leverage of TRY Crosses will be adjusted from 20:1 to “5:1”. Trading access will be adjusted to “Close Only” From 28th , Mar 2024 Product Previous […]

Ultima Markets Index Dividend Adjustment Notice

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 […]

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Rupee Falls to Record Low Amid Yuan Devaluation, RBI Intervention Limits 

The value of the Indian rupee dropped sharply to an unprecedented low of 83.7 against the US dollar but later slightly recovered to 83.5 towards the end of March. The downturn was set off after China made adjustments to its yuan valuation policy, which in turn stirred a widespread downtrend amongst Asian currencies.   Traders noted […]

Ultima Markets Index Dividend Adjustment Notice

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 […]

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Focus on USDJPY today – 22nd March 2024 

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

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SNB Leads Global Central Banks in Rate Cuts Amid Economic Pressures 

In March 2024, the Swiss National Bank unexpectedly decided to lower its primary interest rate by 0.25 percentage points to 1.5%. The action represented the institution’s first reduction in nine years, setting a precedent as the first major central bank to initiate a loosening of monetary policy. This development ensued as Swiss inflation dropped to […]

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Bank of England Poised to Await Opportune Moment for Initial Rate Cut 

Brexit used to dominate the news headlines. By the end of January 2020, the UK formally parted ways with the EU. This, combined with a shift in the Bank of England’s leadership, the outbreak of the COVID-19 pandemic, and global inflation challenges have all fueled uncertainty for the economy’s future. Will the UK manage to […]

Ultima Markets Index Dividend Adjustment Notice

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 […]

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Economic Downturn: New Zealand Falls into Technical Recession in Late 2023 

In the last quarter of 2023, New Zealand’s economy declined by 0.1%, after a 0.3% drop from the earlier quarter. This disappointed market predictions which expected a 0.1% rise. A noteworthy fourth downturn happened over the preceding five quarters, primarily attributed to a fall in wholesale trade (moving from -2.2% in the third quarter to […]

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Focus on GBPUSD today – 21st March 2024 

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