New review of events in the upcoming week
Last week, the dollar index (#DX) moved away from local highs.
Demand for the US currency weakened after the publication of the FOMC minutes.
Some Fed officials support the idea of keeping interest rates unchanged in 2019.
The head of the US Central Bank said that the regulator would take into account risks in global financial markets when adjusting monetary policy.
Investors expect the results of voting on the Brexit bill, as well as a number of important economic reports.
In the upcoming trading week, we recommend paying attention to the following macroeconomic events.
Monday, January 14th
On Monday, the news feed will be fairly calm.
We recommend paying attention to the speech by Fed Chairman Jerome Powell.
The financial markets of Japan will be closed due to the holiday.
Tuesday, January 15th
On Tuesday, the UK government will vote on the Brexit bill.
At 15:30 (GMT+2:00) the producer price index will be published in the US.
Wednesday, January 16th
On Wednesday, financial market participants will assess the following statistics:
- Consumer price index in the UK at 11:30 (GMT+2:00);
- Report on retail sales in the US at 15:30 (GMT+2:00);
- Fed’s “Beige Book” at 21:00 (GMT+2:00).
Thursday, January 17th
On Thursday, the news feed will be full of events:
- Consumer price index in the Eurozone at 12:00 (GMT+2:00);
- Statistics on the real estate market in the US at 15:30 (GMT+2:00);
- Philadelphia Fed manufacturing index at 15:30 (GMT+2:00).
Friday, January 18th
On Friday, the trading week will end with the publication of important economic reports:
- Statistics on inflation in Japan at 01:30 (GMT+2:00);
- Retail sales in the UK at 11:30 (GMT+2:00);
- Core consumer price index in Canada at 15:30 (GMT+2:00).
Trading Conditions Before Brexit Vote
We would like to remind you that the Brexit Vote is taking place in the UK Parliament on Tuesday, 15th of January 2019.
This could lead to a big increase in volatility across our CFD products.
As a result, the trading conditions on those CFD products may change without any notice.
We hope that any such changes will be only temporary and all the trading conditions will return to normal as soon as possible.
Please ensure that your account is fully margined during this period of increased market volatility and you have enough margin to cover your open positions.
Please ensure that you will be able to monitor your positions at all times.
Although brokers always do their best to keep the spreads’ values as advertised, please also be aware that spreads on some of the CFD products affected by the heightened market volatility can be increased without any notice.
Please also be aware that spreads on all CFD products affected by the heightened market volatility can be increased without any notice.
High volatility can also be a great opportunity for investors.
Take advantage of Bonus Promotions and try not to miss out the opportunity!