Warning of potential volatility (24 – 28 October)

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, 24^th October 2022

• 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

Tuesday, 25^th October 2022

• 11:00: EUR — IFO Business Climate
• 17:00: USD — Consumer Confidence

Wednesday, 26^th October 2022

• 03:30: AUD — Consumer Price Index
• 05:00: CNY — Gross Domestic Product
• 17:00: CAD — BOC Interest Rate Decision
• 17:30: USD — Crude Oil Inventories
• 18:00: CAD — BOC Press Conference

Thursday, 27^th October 2022

• 15:15: EUR — ECB Monetary Policy Statement
• 15:30: USD — Gross Domestic Product
• 15:30: USD — Unemployment claims
• 15:45: EUR — ECB Press Conference

Friday, 28^th October 2022

• 03:00: JPY — BOJ Monetary Policy Statement
• 09:00: JPY — BOJ Press Conference
• 15:30: CAD — Gross Domestic Product

* 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.