Warning of potential volatility (20 – 24 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, 20th July 2020

  • 02:50: JPY — Trade Balance

Tuesday, 21st July 2020

  • 04:30: AUD — RBA Monetary Policy Statement
  • 05:30: AUD — RBA Governor Lowe speaks
  • 15:30: CAD — Retail Sales

Wednesday, 22nd July 2020

  • 04:30: AUD — Retail Sales
  • 15:30: CAD — Consumer Price Index

Thursday, 23rd July 2020

  • 15:30: USD — Unemployment claims

Friday, 24th July 2020

  • 01:45: NZD — Trade Balance
  • 11:00: EUR — Manufacturing PMI
  • 11:00: EUR — Services PMI

*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.