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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 73% 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.

XTB Online Trading

Economic calendar: All eyes on the US election

08:04 3 November 2020
  • US Presidential Election
  • US factory orders
  • API report
US presidential elections are unquestionably a key event of the day therefore economic calendar is certainly going to be secondary today. Latest polls suggest that former Vice President Joe Biden is maintaining his strong lead against President Donald Trump in key battleground states. Results of today's election may have a material impact on market risk sentiment, though the outcome may not be known for weeks. Much will depend on the margins of victory, with mail voting expected to delay the outcome for a number of U.S states. On the data front, September factory orders and API report are due out later today.
 
7:30 am BST – Swiss Consumer Price Index Y/Y (Oct). Expected: -0.6% Previous: -0.8%
3:00 pm BST – US Factory Orders (SEP). Expected: 1.0%. Previous: 0.7%
9:40 pm BST –  Crude Oil Stocks (API). Expected: 1.3 mln barrels. Previous: 4.58 mln barrels
9:45 pm BST – New Zealand Employment Change QoQ (Q3). Expected: -0.8%. Previous: -0.4%
9:45 pm BST – New Zealand Unemployment Rate (Q3). Expected: 5.4%. Previous: 4.0%

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 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. XTB 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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