This website is managed by Ultima Markets’ international entities, and it’s important to emphasise that they are not subject to regulation by the FCA in the UK. Therefore, you must understand that you will not have the FCA’s protection when investing through this website – for example:
You will not be guaranteed Negative Balance Protection
You will not be protected by FCA’s leverage restrictions
You will not have the right to settle disputes via the Financial Ombudsman Service (FOS)
You will not be protected by Financial Services Compensation Scheme (FSCS)
Any monies deposited will not be afforded the protection required under the FCA Client Assets Sourcebook. The level of protection for your funds will be determined by the regulations of the relevant local regulator.
Note: UK clients are kindly invited to visit https://www.ultima-markets.co.uk/. Ultima Markets UK expects to begin onboarding UK clients in accordance with FCA regulatory requirements in 2026.
If you would like to proceed and visit this website, you acknowledge and confirm the following:
1.The website is owned by Ultima Markets’ international entities and not by Ultima Markets UK Ltd, which is regulated by the FCA.
2.Ultima Markets Limited, or any of the Ultima Markets international entities, are neither based in the UK nor licensed by the FCA.
3.You are accessing the website at your own initiative and have not been solicited by Ultima Markets Limited in any way.
4.Investing through this website does not grant you the protections provided by the FCA.
5.Should you choose to invest through this website or with any of the international Ultima Markets entities, you will be subject to the rules and regulations of the relevant international regulatory authorities, not the FCA.
Ultima Markets wants to make it clear that we are duly licensed and authorised to offer the services and financial derivative products listed on our website. Individuals accessing this website and registering a trading account do so entirely of their own volition and without prior solicitation.
By confirming your decision to proceed with entering the website, you hereby affirm that this decision was solely initiated by you, and no solicitation has been made by any Ultima Markets entity.
Hopes for a diplomatic resolution between the US and Iran have come under significant pressure following naval clashes in the Strait of Hormuz. Both sides have traded blame for the initial provocation:
Iran claims the US violated the existing ceasefire by opening fire on Iranian vessels first.
Meanwhile US Asserts that its strikes on Iranian military facilities were a direct response to attacks launched against US Navy vessels.
This flare-up occurred just as Iran was reportedly considering a US proposal to end the war. Despite the escalation, President Trump maintains that the ceasefire is “still on” and that the US does not seek further conflict. However, he issued a stark ultimatum: the US will hit back “a lot harder, and a lot more violently” if Iran fails to sign a deal soon.
European Equities Slide as Volatility Returns
Global equity markets were hit by a wave of volatility following the news. Broad European indices took a sharp turn lower, erasing most of the gains made on Wednesday that were fueled by peace talk optimism.
In the currency markets, the US Dollar Index (DXY) surged from its recent low near 97.60 as safe-haven bids kicked in. Simultaneously, crude oil prices rebounded from their recent slide, reflecting renewed concerns over supply disruptions in the Middle East.
What’s Next for the Market?
Investor anxiety remains high due to the fragility of the ceasefire. However, the broader market impact may be contained if no further military escalation occurs.
The immediate focus shifts to tonight’s US April Non-farm Payrolls (NFP) release. Market consensus expects 65K jobs added, a significant slowdown from March’s 178K. If job growth proves more resilient than expected amidst triple-digit oil prices, the “higher for longer” interest rate narrative will likely solidify, potentially crushing risk appetite in global equities.
US Dollar Index | Source: Ultima Markets MT5
The US Dollar is currently hovering near the 98.00 level as safe-haven demand eases slightly, with the market moving into a “wait-and-see” mode ahead of the NFP report.
For more analysis and a deeper outlook on the US Dollar and NFP Preview, please read our latest Market Insights for 8 May 2026 at Ultima Markets.
Disclaimer
Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.
Thank you for visiting the Ultima Markets website. Please note that this website is intended for individuals residing in jurisdictions where access is permitted by law. Ultima and its affiliated entities do not operate in your home jurisdiction.
By clicking ‘Acknowledge’, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website based on reverse solicitation principles, in accordance with the applicable laws of your home jurisdiction.
