BOC Keeps Policy Rates Steady at 5%  The Bank of Canada (BOC) leaves the overnight rate unchanged at 5% in its October meeting.   The Bank continues quantitative tightening policies and expects slow growth paces to extend through 2023. However, it foresees a pickup by late 2024 and a more robust growth in 2025. In the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 26th October 2023.  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 trading sessions for EU&UK Daylight Saving (DST) will be updated from 29 October 2023 as per the following schedule: Date Product Original Trading Sessions (GMT+3) Updated Trading Sessions (GMT+3) 2023/10/29 (Sun.) UKOUSD Mon 01:00-24:00Tue-Fri 03:00-24:00 Mon 02:00-24:00Tue-Fri 00:00-01:00; 03:00-24:00 Ger40 Mon-Thu 03:15-24:00Fri 03:15-23:00 Mon-Fri 03:15-23:00 Ger40ft Mon-Thu 03:15-24:00Fri 03:15-23:00 Mon-Fri 03:15-23:00 ES35 Mon-Fri 09:00-21:00 […]

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 […]

Better-than-expected Manufacturing PMI Recorded for Germany   In October 2023, the HCOB Flash Germany Manufacturing PMI registered a 5-month high of 40.7, surpassing the previous record of 39.6 in September and exceeding expectations of 40.   Although manufacturing new orders showed substantial losses, it displayed signs of easing and reached its lowest level since June. At the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 25th October 2023.  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 […]

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 […]

Manufacturing PMI Hit Lowest Level in Six Months  The Judo Bank Flash Australia Manufacturing PMI experienced a decline to 48 during the month of October 2023, down from 48.7 in the preceding month, according to preliminary data. This marks the eighth consecutive monthly decline in business conditions and represents the lowest reading in 6 months, […]

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 

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 […]