Dear clients,
We would like to inform you that on the occasion of the Unification Day in Bulgaria September 6, 2023 (Wednesday), the DeltaStock customer support team won’t be available.
Changes to trading hours on September 4 and 5 (Monday and Tuesday)
Dear clients,
We would like to inform you that due to the U.S. Labour Day, on September 4 and 5, 2023, there will be changes to the trading hours of some markets:
Jerome Powell’s Jackson Hole Speech: Most Important Takeaways
Last week, Federal Reserve Chairman Jerome Powell delivered his anxiously anticipated speech at the annual economic policy conference in Jackson Hole. The speech garnered attention for its hawkish tone, outlining the Federal Reserve’s commitment to combating inflation and laid out the current economic landscape, challenges and policy considerations.
Changes to trading hours on August 28 and 29 (Monday and Tuesday)
We would like to inform you that due to UK’s Summer Bank Holiday, there will be changes to the trading hours of the UK markets on August 28 and 29, 2023 (Monday and Tuesday). On August 28, the markets of the UK shares and the UK100 index will be closed. On August 29, the UK shares market will be closed and that of the UK100 index will open at 03:00 EEST.
The ‘Perfect Storm’: High Rates, China Fears and Stock Market Volatility
As we move through the second half of 2023, the global stock markets seem to be caught in a difficult situation. With the U.S. Federal Reserve’s unwavering stance on high interest rates and China’s faltering economic indicators, investors are sailing through choppy waters.
Chinese Economy Faces New Concerns Amidst Banking Industry Stress
In recent developments, the robustness of China’s shadow banking industry has come under scrutiny as one of its largest private wealth managers and real estate developers, Zhongzhi Enterprise Group Co., has defaulted on payments for several high-yield products. With assets totaling 1 trillion yuan ($138 billion), the impact of this misstep is sending ripples throughout the financial sector.