Warning of potential volatility (31 May – 4 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, 31st May 2021

  • 02:50: JPY — Retail Sales
  • 04:00: NZD — Business Confidence

Tuesday, 1st June 2021

  • 07:30: AUD — RBA Rate Statement
  • 11:00: EUR — Manufacturing PMI
  • 12:00: All — OPEC-JMMC Meetings
  • 17:00: USD — ISM Manufacturing PMI
  • 18:00: GBP — BOE Gov Bailey Speaks

Wednesday, 2nd June 2021

  • 04:30: AUD — Gross Domestic Product

Thursday, 3rd June 2021

  • 04:30: AUD — Retail Sales
  • 15:15: USD — ADP Employment Change
  • 15:30: USD — Unemployment claims
  • 17:00: USD — ISM Non-Manufacturing PMI
  • 19:00: GBP — BOE Gov Bailey Speaks

Friday, 4th June 2021

  • 10:00: NZD — RBNZ Gov Orr Speaks
  • 14:00: EUR — ECB President Lagarde Speaks
  • 14:00: USD — Fed Chair Powell Speaks
  • 15:30: CAD — Employment Change
  • 15:30: CAD — Unemployment Rate
  • 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. 51.88% 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.