Global markets reach a critical inflection point today as the Federal Reserve concludes its highly anticipated two-day policy meeting. With expectations firmly set for a rate hold, attention shifts entirely toward forward guidance - particularly the updated Summary of Economic Projections (SEP) and Dot Plot.

The Federal Reserve has delivered its message, and markets are responding decisively. With policymakers reinforcing a “higher for longer” stance, global assets are undergoing a sharp repricing. The US Dollar has strengthened materially, while equities are adjusting to a more restrictive macro environment.

In this comprehensive analysis, Ultima Markets presents a detailed technical outlook for the Nikkei225 as of March 11, 2026.

After the intense geopolitical panic that dominated the energy markets over the weekend, Monday’s session delivered a sharp reversal as traders took the opportunity to reassess their positions. Despite the temporary pause, the broader macro environment remains highly uncertain.

Global markets experienced significant volatility on Wednesday. Although the closely watched US CPI report came in largely in line with expectations - momentarily easing fears of a deep stagflation scenario - the relief was short-lived.

EURUSD is undergoing a sharp corrective pullback following its strong prior rally. Price is now testing the long-term green moving average around the 1.1600 region, a critical technical inflection point.

The joint US-Israeli strike targeting Iran’s leadership has abruptly repriced global geopolitical risk. In a matter of hours, the market shifted into a full war-risk regime, reshaping cross-asset behaviour in ways that could define the rest of 2026.

Global markets are trading cautiously this Tuesday, entering a phase of tight consolidation as investors prepare for a pivotal week of central bank decisions. Market activity reflects a classic pause in risk-taking, with participants awaiting policy signals that will shape capital flows into the next quarter.

In traditional market thinking, geopolitical conflicts - such as the Russia-Ukraine war or the ongoing Iran-Israel tensions - are typically viewed as catalysts for Gold rallies. Heightened uncertainty and global instability often push investors toward safe-haven assets, with Gold historically benefiting the most.

Ultima Markets Daily Market Insights – February 27, 2026