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 Powell's speech

07:23 8 April 2021
  • European stock markets expected to open higher

  • ECB to release minutes from latest meeting

  • Powell to take part in panel discussion on global economy

European stock markets are seen opening higher on Thursday following an upbeat Asian session. FOMC minutes did not provide any mentions of policy tightening that could spook investors and equity markets pushed higher. Traders will be offered minutes from the ECB today. While this release rarely has an impact on the market, one should remember that ECB decided to accelerate PEPP purchases during the latest meeting. Investors will look for details of this decision. Apart from ECB minutes, there is one more important event scheduled for today - Fed Chair Powell will take part in a panel discussion and Q&A session on global economy at 5:00 pm BST.

8:00 am BST - Czech Republic, industrial production for February. Expected: 0.5% YoY. Previous: 0.9% YoY

10:00 am BST - Euro area, PPI inflation for February. Expected: 1.4% YoY. Previous: 0% YoY

12:30 pm BST - ECB minutes

1:30 pm BST - US, jobless claims. Expected: 680k. Previous: 719k

3:30 pm BST - EIA natural gas storage. Expected: 21 bcf. Previous: 14 bcf

5:00 pm BST - Powell takes part in panel discussion and Q&A on global economy

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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