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.

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: GDP data from Europe and US retail sales

07:21 14 February 2020
  • US retail sales and Michigan sentiment scheduled for today

  • GDP data from euro area and Poland to be released in the morning

Coronavirus concerns eased and European futures point to a green open today. The major economic release from Europe today was German GDP released at 7:00 am GMT. It showed German economy stagnating in the fourth quarter of the year (0.0% QoQ vs exp. 0.1% QoQ). Working day adjusted annual growth rate stood at 0.4% (exp. 0.3%). In the later part of the day investors will focus primarily on US retail sales and sentiment data.

9:00 am GMT - Poland, GDP for Q4 and CPI inflation for January. Polish 2019 GDP data showed major, unexpected slowdown. It is expected that Polish economy may have contracted 0.1% QoQ in the final quarter of 2019. Annual growth for Q4 is expected at 3% YoY. CPI data will also be in focus as it is expected to accelerate to 4.2% YoY.

10:00 am GMT - Euro area, GDP for Q4. Expected: 0.1% QoQ. Previous: 0.1% QoQ.

1:30 pm GMT - US, retail sales for January. The US retail sales data will be the major release of the afternoon. Headline growth is expected to remain unchanged at 0.3% MoM and core gauges are expected to grow 0.3% MoM as well. 

2:15 pm GMT - US, industrial production for January. Expected: -0.2% MoM. Previous: 0.3% MoM

3:00 pm GMT - US, University of Michigan consumer sentiment for February (flash). Expected: 99.5 pts. Previous: 99.8 pts

Central bankers’ speeches

  • 10:00 am GMT - BoJ Deputy Governor Amamiya

  • 4:45 pm GMT - Fed’s Mester

Wall Street earnings releases

  • Beyond Meat (BYND.US)

  • PPL Corporation (PLL.US)

  • Newell Brands (NWL.US)

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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