Warning of potential volatility (13 – 17 July)

This is just a quick warning to notify you of potentially volatile economic events taking place this week. We recommend you take them into consideration when trading.

Monday, 13th July 2020

  • 18:30: GBP — BoE Gov Bailey Speaks

Tuesday, 14th July 2020

  • 04:30: AUD — Business Confidence
  • 09:30: GBP — Gross Domestic Product
  • 15:30: USD — Consumer Price Index

Wednesday, 15th July 2020

  • 02:30: JPY — BOJ Monetary Policy Statement (tentative)
  • 09:00: GBP — Consumer Price Index
  • 17:00: CAD — BOC Interest Rate Decision
  • 18:00: CAD — BOC Press Conference

Thursday, 16th July 2020

  • 01:45: NZD — Consumer Price Index
  • 04:30: AUD — Unemployment Rate
  • 14:45: EUR — ECB Monetary Policy Statement
  • 15:30: EUR — ECB Press Conference
  • 15:30: USD — Retail Sales

Friday, 17th July 2020

  • 12:00: EUR — Consumer Price Index (Final)
  • 13:00: GBP — BoE Gov Bailey Speaks

*All times are server time (GMT+3)

We are not making predictions about how the market will particularly react. We are simply encouraging you to be careful when trading during the events. Liquidity runs out of the market and spreads consequently widen. This could have a knock-on effect on your open trades (i.e. stop outs etc.).

Should you have any questions, please do not hesitate to Contact Us.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 54.55% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.