CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. 76% 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. 76% 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: Light beginning of important week

07:37 22 July 2019

Summary:

  • Regional Fed index from Chicago seems to be the sole noteworthy reading scheduled for Monday
  • BoJ’s Kuroda to speak at the IMF in Washington
  • What to watch beyond Monday?

This week looks quite busy but it is not the case when it comes to Monday. Will Monday be the calm before the storm? We will see in a few days. What are the most important points this week? 

  • Tuesday: US existing home sales, Hungarian central bank decision

  • Wednesday: Preliminary PMIs from European economies and the US, US new home sales

  • Thursday: ECB rate decision, Turkish central bank rate decision, US durable goods orders

  • Friday: US Q2 GDP

What to watch on Monday?

  • 1:00 pm BST - Polish M3 money stock for June: The consensus calls for a 9.9% YoY rise

  • 1:30 pm BST - Regional Fed index from Chicago for June: The Bloomberg median estimate points to a bounce to 0.1 from -0.05 in May. Nevertheless, it is worth remembering that other regional indices saw deep declines last month before a solid widespread rebound this month. Keep in mind that the index from Chicago is the last one from a group of regional indices from the US, hence it is treated more like a lagging rather than leading indicator. 

Central bankers’ speeches: 

  • 4:00 pm BST - BoJ’s Kuroda (he will take the floor at the IMF in Washington)

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