Warning of potential volatility (5 – 9 July)

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, 5th July 2021

  • 04:30: AUD — Retail Sales
  • 11:00: EUR — Services PMI
  • 17:30: CAD — BOC Business Outlook Survey

Tuesday, 6th July 2021

  • 07:30: AUD — RBA Interest Rate Decision
  • 09:00: AUD — RBA Governor Lowe speaks
  • 12:00: EUR — ZEW Economic Sentiment
  • 17:00: USD — ISM Non-Manufacturing PMI

Wednesday, 7th July 2021

  • 21:00: USD — FOMC Meeting Minutes

Thursday, 8th July 2021

  • 05:30: AUD — RBA Governor Lowe speaks
  • 14:30: EUR — ECB Monetary Policy Meeting Accounts
  • 15:30: USD — Unemployment claims
  • 18:00: USD — Crude Oil Inventories

Friday, 9th July 2021

  • 13:00: EUR — ECB President Lagarde Speaks
  • 13:00: GBP — BOE Gov Bailey Speaks
  • 15:30: CAD — Unemployment Rate
  • 15:30: CAD — Employment Change

* 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.