Warning of potential volatility (30 May – 03 June)

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, 30^th May 2022

• 15:30: CAD — Current Account

Tuesday, 31^st May 2022

• 02:30: JPY — Unemployment Rate
• 02:50: JPY — Retail Sales
• 15:30: CAD — Gross Domestic Product

Wednesday, 1^st June 2022

• 04:30: AUD — Gross Domestic Product
• 14:00: EUR — ECB President Lagarde Speaks
• 17:00: CAD — BOC Interest Rate Decision
• 17:00: USD — ISM Manufacturing PMI
• 17:00: USD — JOLTs Job Openings

Thursday, 2^nd June 2022

• 12:00: All — OPEC-JMMC Meetings
• 15:15: USD — ADP Employment Change
• 15:30: USD — Unemployment claims

Friday, 03 June 2022

• 15:30: USD — Non-Farm Payrolls
• 15:30: USD — Unemployment Rate
• 17:00: USD — ISM Non-Manufacturing 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.