The Interest Rate Dilemma: A Week of Reckoning for Central Banks

This week, investors’  attention is fixated on the actions of central banks, particularly the Federal Reserve and the European Central Bank (ECB). The backdrop to this anticipation has been set by the unexpected rate hikes from the Reserve Bank of Australia and the Bank of Canada, which occurred last week. These moves, contrary to the prevailing consensus, have not only sent ripples through the financial markets, but also reshaped the discourse around the durability of current interest rates. The financial community is now confronting the stark realisation that the much-anticipated rate cuts may not materialise this year, and possibly might not surface until well into the next year.

Read more

Unveiling the Future: Apple’s Pioneering Leap into AI and Virtual Reality at WWDC

Apple Inc. (AAPL) has been making headlines lately due to the rumours surrounding its upcoming Worldwide Developers Conference (WWDC) scheduled for June 5, 2023. The rumours suggest that the tech giant is poised to unveil a highly anticipated virtual reality (VR) headset, potentially marking the company’s most significant product launch since the iPad in 2010. As the date approaches, there has been a noticeable buzz in the financial markets regarding Apple stock’s potential reaction to this announcement​​.

Read more

The Debt Deal Breakdown: Mapping Market Opportunities

After weeks of high-stakes negotiations, U.S. President Joe Biden and House Republicans have arrived at a preliminary agreement to manage the debt limit and curtail spending. Though it’s far from finalised, this agreement has started to reshape the political and economic landscape. Leaders from both parties now face the challenge of swaying their members to back the agreement, which includes elements that don’t entirely align with either party’s agenda.

Read more

Non-working day on May 24, 2023

In connection with the upcoming Day of Slavonic Alphabet, Bulgarian Enlightenment and Culture, on May 24, 2023 (Wednesday), the DeltaStock customer support team won’t be available.

Respectively, on May 24, 2023, no deposit and withdrawal requests will be processed and executed through bank transfers or in cash. Deposits will only be available with debit/credit cards.