Warning of potential volatility (20 – 24 February)

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, 20^th February 2023

• 17:00: EUR — Consumer Confidence

Tuesday, 21^st February 2023

• 02:30: AUD — RBA Monetary Policy Statement
• 11:30: GBP — Manufacturing PMI
• 11:30: GBP — Services PMI
• 15:30: CAD — Consumer Price Index
• 16:45: USD — Manufacturing PMI
• 16:45: USD — Services PMI

Wednesday, 22^nd February 2023

• 03:00: NZD — RBNZ Interest Rate Decision
• 11:00: EUR — IFO Business Climate
• 21:00: USD — FOMC Meeting Minutes

Thursday, 23^rd February 2023

• 12:00: EUR — Consumer Price Index
• 15:30: USD — Gross Domestic Product
• 15:30: USD — Unemployment claims

Friday, 24^th February 2023

• 15:30: USD — Price Index

* All times are server time (GMT+2)

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.