Warning of potential volatility (21 – 25 September)

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, 21st September 2020

  • 17:00: USD — Fed Chair Powell Speaks

Tuesday, 22nd September 2020

  • 10:30: GBP — BOE Gov Bailey Speaks
  • 17:00: EUR — Consumer Confidence

Wednesday, 23rd September 2020

  • 05:00: NZD — RBNZ Interest Rate Decision
  • 10:30: EUR — Manufacturing PMI, Germany
  • 10:30: EUR — Services PMI, Germany
  • 11:00: EUR — Manufacturing PMI
  • 11:00: EUR — Services PMI
  • 11:30: GBP — Manufacturing PMI
  • 11:30: GBP — Services PMI
  • 16:45: USD — Manufacturing PMI
  • 16:45: USD — Services PMI

Thursday, 24th September 2020

  • 10:30: CHF — SNB Interest Rate Decision
  • 17:00: GBP — BOE Gov Bailey Speaks

Friday, 25th September 2020

  • 15:30: USD — Durable Goods Orders

* 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.