CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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. 80% 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. 80% 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: Jobless claims data and central banks

08:09 26 March 2020
  • US jobless claims expected to surge

  • BoE and CNB to announce rate decisions

  • Powell to speak at 11:05 am GMT

The most awaited datapiece of the week will be released today - US jobless claims. Estimates hint that we may see a few millions of these. Apart from that, the Bank of England and Czech National Bank will announce rate decisions today. The former is expected to stay on hold but the latter should cut rates. Last but not least, Fed Chairman Powell will make a rare TV interview today at 11:05 am GMT. 

12:00 pm GMT - Czech National Bank rate decision. Expected: 1.25%. Previous: 1.75%

12:00 pm GMT - Bank of England rate decision. UK central bank cut interest rates to a record low of 0.1% and launched the QE programme earlier this month. Having said that, there is a chance that the Bank will stay on hold today and focus on the assessment of the situation. This will be the first “regular” meeting of a new BoE Governor, Andrew Bailey

12:30 pm GMT - US, GDP for Q4 (final). Expected: 2.1% QoQ

12:30 pm GMT - US, initial jobless claims. Jobless claims data has been largely overlooked by markets since the last economic turmoil. However, as another crisis gets underway, this data may be an important indicator of damage. No one knows what to expect from today’s release but some hint it could be as high as 4 million! To put this figure into context, claims peaked at 650-700k during the financial crisis.

Central bankers speeches

  • 11:05 am GMT - Fed Chairman Powell

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