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.

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Changes to trading hours (1 and 8 May 2023)

Dear Clients,

We would like to inform you that due to Labour Day (May 1) and the UK Bank Holiday (May 8) some CFD markets will be closed on the respective dates:  

1 May (Monday)

  • The European shares and indices, as well as the HONGKONG33 index

8 May (Monday)

  • The UK100 index and the UK shares

Also applies to the respective mini, micro and cash instruments in Delta Trading.

Kind regards,

The DeltaStock team