Warning of potential volatility (2 – 6 August)

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, 2nd August 2021

  • 09:30: CHF — Retail Sales
  • 10:55: EUR — Manufacturing PMI, Germany
  • 17:00: USD — ISM Manufacturing PMI

Tuesday, 3rd August 2021

  • 07:30: AUD — RBA Rate Statement
  • 16:30: CAD — Manufacturing PMI

Wednesday, 4th August 2021

  • 01:45: NZD — Employment Change
  • 01:45: NZD — Unemployment Rate
  • 04:30: AUD — Retail Sales
  • 15:15: USD — ADP Employment Change
  • 17:00: USD — ISM Non-Manufacturing PMI
  • 17:30: USD — Crude Oil Inventories

Thursday, 5th August 2021

  • 14:00: GBP — BoE Monetary Policy Summary
  • 14:00: GBP — BoE Interest Rate Decision
  • 15:30: USD — Unemployment claims

Friday, 6th August 2021

  • 02:00: AUD — RBA Governor Lowe speaks
  • 04:30: AUD — RBA Monetary Policy Statement
  • 15:30: CAD — Employment Change
  • 15:30: CAD — Unemployment Rate
  • 15:30: USD — Non-Farm Payrolls
  • 15:30: USD — Unemployment Rate

* 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. 51.88% 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.