Warning of potential volatility (31 January – 3 February)

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.

Tuesday, 31^st January 2023

• 15:30: CAD — Gross Domestic Product
• 17:00: USD — Consumer Confidence
• 23:45: NZD — Employment Change
• 23:45: NZD — Unemployment Rate

Wednesday, 1^st February 2023

• 12:00: EUR — Consumer Price Index
• 15:15: USD — ADP Employment Change
• 17:00: USD — ISM Manufacturing PMI
• 17:00: USD — JOLTs Job Openings
• 21:00: USD — FED Interest Rate Decision

Thursday, 2^nd February 2023

• 14:00: GBP — BOE Interest Rate Decision
• 15:15: EUR — ECB Monetary Policy Statement
• 15:30: USD — Unemployment claims
• 15:45: EUR — ECB Press Conference

Friday, 3^rd February 2023

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

* 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.