Warning of potential volatility (31 August – 4 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, 31st August 2020

  • 01:50: JPY — Retail Sales
  • 01:50: JPY — Industrial Production

Tuesday, 1st September 2020

  • 07:30: AUD — RBA Rate Statement
  • 16:30: CAD — Manufacturing PMI
  • 17:00: USD — ISM Manufacturing PMI

Wednesday, 2nd September 2020

  • 04:30: AUD — Gross Domestic Product
  • 15:15: USD — ADP Employment Change
  • 17:30: USD — Crude Oil Inventories

Thursday, 3rd September 2020

  • 04:30: AUD — Trade Balance
  • 15:30: CAD — Trade Balance
  • 15:30: USD — Unemployment claims
  • 17:00: GBP — BOE Gov Bailey Speaks
  • 17:00: USD — ISM Non-Manufacturing PMI

Friday, 4th September 2020

  • 15:30: CAD — Employment Change
  • 15:30: CAD — Unemployment Rate
  • 15:30: USD — Average Hourly Earnings
  • 15:30: USD — Non-Farm Payrolls
  • 15:30: USD — Unemployment Rate

*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.