CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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. 75% 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. 75% 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: Focus on Michigan data and WASDE report

06:47 8 November 2019
  • Canadian unemployment rate expected to remain at 5.5% in October

  • Another increase expected in Michigan survey data

  • Credit Agricole (ACA.FR) and Allianz (ALV.DE) to report earnings today

1:30 pm GMT - Canada, jobs report for October. Bank of Canada decided to leave rates unchanged last week but hinted that the resilience of the Canadian economy will be put to a test soon. It may mean that the Canadian central bankers expect some weakness in the economy. Today’s labour market report is expected to show a 15.9k increase in employment. Unemployment rate is expected to remain at 5.5%

3:00 pm GMT - US, University of Michigan consumer sentiment for November. Michigan consumer sentiment index made a massive jump in October. Headline index moved from 89.8 pts to 95.5 pts in just two months and investors are curious whether the situation will continue to improve. Market consensus expects another higher reading in a row - 96 pts.

5:00 pm GMT - WASDE report. Traders should expect increased volatility on the grains market today as November’s WASDE report will be released. Overally, production figures for corn, soybean and cotton are expected to be reported lower. A decline is also expected in end stocks.

Central bankers’ speeches

  • 8:00 am GMT - Norges Bank Deputy Governor Matsen

  • 4:45 pm GMT - Fed’s Daly

  • 6:30 pm GMT - BoC’s Beaudry

Major companies reporting earnings today

  • Duke Energy (DUK.US)

  • Credit Agricole (ACA.FR)

  • Allianz (ALV.DE)

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.

Back