CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

Economic calendar: All eyes on FED

07:16 16 September 2020

• FOMC rate decision; Fed Chair Powell news conference
• US Retail sales data
• EIA crude oil inventories report

A lot is on the agenda today. FED policy meeting is a key event of the day. No changes in the benchmark interest rates are expected but the central bank is expected to keep its dovish tone and provide updated economic projections. Earlier investors will get to know retail sales figures from the US which may have some impact on the markets. Oil traders should stay on guard in the afternoon as the EIA will release a report on oil inventories.

10:00 am BST – Eurozone Balance of Trade (JUL). Previous: €21.2 bn
1:30 pm BST – Canada Inflation Rate YoY (AUG). Expected:  0.4%. Previous: 0.1%
1:30 pm BST – Canada Inflation Rate MoM (AUG). Expected:  0.1%. Previous: 0.0%
1:30 pm BST  - US Retail Sales MoM (AUG). Expected:  1.0%. Previous: 1.2%
1:30 pm BST  - US Retail Sales Ex Autos MoM (AUG). Expected:  0.9%. Previous: 1.9%
3:30 pm BST - EIA Crude Oil Stocks Change. Expected: 2.1M. Previous: 2.0M
7:00 pm BST - FOMC Interest Rate Decision. Expected: 0-0,25%%. Previous: 0-0,25%%
7:30 pm BST - FOMC Press Conference.

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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