CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 77% 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: G7 meeting and University of Michigan index

07:42 11 June 2021
  • European markets seen opening flat

  • Meeting of G7 leaders

  • University of Michigan data for June

According to the situation on futures markets, European indices are set for a flat opening of today's cash session. Much higher-than-expected inflation in the United States did not dent moods on Wall Street with major indices looking towards records. Economic calendar is much lighter today. UK GDP data for April released at 7:00 pm BST was top reading. It showed a 2.3% MoM growth, slightly below 2.4% MoM expected. In the later part of the day, investors will be offered the University of Michigan index for June. Last but not least, meeting of G7 leaders begins today so traders should be aware of potential headline risk.

8:00 am BST - Spain, CPI inflation for May. Expected: 2.7% YoY. Previous: 2.2% YoY

3:00 pm BST - US, University of Michigan index for June. Expected: 83.5. Previous: 82.9

Central bankers' speeches

  • 9:30 am BST - BoE Governor Bailey

  • 2:00 pm BST - NBP Chairman Glapiński

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