Warning of potential volatility (7 – 11 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, 7th June 2021

  • 08:45: CHF — Unemployment Rate

Tuesday, 8th June 2021

  • 02:50: JPY — Gross Domestic Product
  • 15:30: CAD — Trade Balance
  • 15:30: USD — Trade Balance

Wednesday, 9th June 2021

  • 17:00: CAD — BOC Interest Rate Decision
  • 17:30: USD — Crude Oil Inventories
  • 18:00: CAD — BOC Press Conference

Thursday, 10th June 2021

  • 14:45: EUR — ECB Monetary Policy Statement
  • 15:30: EUR — ECB Press Conference
  • 15:30: USD — Unemployment claims
  • 15:30: USD — Consumer Price Index

Friday, 11th June 2021

  • 09:00: GBP — Gross Domestic Product

* 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.