Warning of potential volatility (21 – 25 November)

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, 21^st November 2022

• 23:45: NZD — Trade Balance

Tuesday, 22^nd November 2022

• 09:00: AUD — RBA Governor Lowe speaks
• 15:30: CAD — Retail Sales
• 17:00: EUR — Consumer Confidence

Wednesday, 23^rd November 2022

• 03:00: NZD — RBNZ Interest Rate Decision
• 04:00: NZD — RBNZ Press Conference
• 10:30: EUR — Manufacturing PMI, Germany
• 10:30: EUR — Services PMI, Germany
• 11:30: GBP — Manufacturing PMI
• 11:30: GBP — Services PMI
• 16:45: USD — Manufacturing PMI
• 16:45: USD — Services PMI
• 21:00: USD — FOMC Meeting Minutes

Thursday, 24^th November 2022

• 11:00: EUR — IFO Business Climate
• 23:45: NZD — Retail Sales

Friday, 25^th November 2022

• 09:00: EUR — Gross Domestic Product, Germany

* 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.