Last week the shares of Credit Suisse fell to an all-time low, causing the Swiss National Bank to step in with a liquidity lifeline of up to 50 billion Swiss francs ($54 billion). This marked the first major bank intervention since the 2008 global financial crisis. The bank’s shares have nosedived nearly 98% since their peak in April 2007, while credit default swaps, insuring bondholders against defaults, reached record highs.
The prolonged period of low interest rates has led to banks operating in a certain way, and now that rates are rising, certain banks are finding it difficult to adjust. This was highlighted by the recent announcement from Silicon Valley Bank (SVB) that it is insolvent.
Dear clients,
We would like to inform you that due to the shift to Daylight Saving Time (DST) in the U.S., the trading hours of some CFD markets will be changed during the period 12 – 26 March.
Welcome to this week’s analysis, where we will be focusing on the top 5 AI stocks and the top 5 reasons we have shortlisted them, including their current price targets.
As the world continues to move towards automation and digitalisation, artificial intelligence has become increasingly important in various industries. With that in mind, we have scoured the market and have selected the top 5 AI stocks that we believe have the potential for significant growth in the future.
Dear clients,
We would like to inform you that, in connection with the upcoming Liberation Day of Bulgaria, on March 3, 2023 (Friday) the DeltaStock customer support team won’t be available.
Welcome to this week’s publication where we’ll be analysing the USTECH100 index. Last week was particularly volatile for the stock market, with the index dropping more than 700 points since the start of the month on fears that the Federal Reserve would be more aggressive in its tightening of monetary policy. These fears were prompted by the release of the minutes from the Fed’s January meeting, which revealed that some policymakers were considering raising interest rates by 50 bps due to concerns about rising inflation. As a result, investors are now closely watching the Fed’s next moves and any indications of when and how it might adjust its policies.