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: ECB minutes and Canadian retail sales

07:29 22 May 2020
  • China-US relations in the spotlight

  • ECB minutes

  • Retail sales from Poland and Canada

Economic calendar is light on the final trading day of the week. Investors will be offered Polish and Canadian retail sales as well as ECB minutes. However, neither of these readings is likely to have a big impact on the markets. China-US relations will be in the spotlight today as the two countries start to fight over Hong Kong.

9:00 am BST - Poland, retail sales for April. Expected: -16.9% YoY. Previous: -7.1% YoY

12:30 pm BST - ECB minutes.

1:30 pm BST - Canada, retail sales for March. Expected: -10.0% MoM. Previous: +0.3% MoM

Central bankers' speeches

  • 3:30 pm BST - ECB's Lane

Noteworthy earnings reports

  • Alibaba (BABA.US) - before market open

  • Foot Locker (FL.US) - before market open

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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