We would like to inform you that on the occasion of the U.S. Independence Day, on July 3 and 4, 2023, there will be changes to the trading hours of some CFD markets:
Is there investment potential in skyrocketing bankruptcies?
Corporate bankruptcies and defaults are witnessing an unprecedented surge in the United States. Corporate defaults have jumped to 41, which is over twice as many as the same period in 2022. Moody’s Investor Services corroborates this data, painting a grim picture of a corporate landscape where companies are struggling to cope with uncertain economic conditions and burgeoning debt loads.
Artificial Intelligence: The Future Powerhouse of U.S. Stocks?
We are on the cusp of a potentially transformative shift in the stock market, driven by the increasingly significant role of Artificial Intelligence (AI). A recent report from Goldman Sachs Research, penned by analyst Ryan Hammond, sheds light on these fascinating projections.
Changes to trading hours and closed markets on June 19, 2023
We would like to inform you that on June 19, 2023, on the occasion of Juneteenth Day in the USA, the trading hours of some markets will be changed, while other markets will be closed:
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.
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.