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 start to an interesting week đź””

09:07 20 November 2023
  • Futures Contracts on European Indices Fall in the First Part of the Day
  • Speeches from Several Central Bankers Scheduled for Today
  • First PMI Reports in the Second Part of This Week

Futures contracts on indices indicate a lower opening for the cash session in Europe. The German DAX is down by 0.20%, and the British UK100 is trading 0.30% lower. Today's macro calendar is relatively light, lacking any top-tier data that could significantly impact global markets. Nevertheless, there will be an opportunity to hear speeches from two bankers. Firstly, at 6:45 PM GMT, BoE Chairman Bailey will speak, followed by the Governor of the Bank of France, Villeroy de Galhau at 8:30 PM GMT.

Next, on Tuesday, the Conference Board's sentiment readings for November will be released, and on Friday, the first PMI readings for November. In the USA, the ISM report will also be published. The forecasted data is expected to show a further weakening of economies, with the expected US manufacturing PMI to be at 49.8 compared to 50 a month ago.

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Detailed Agenda for Today:

  • 6:45 PM GMT - UK, BoE Chairman Bailey
  • 8:30 PM GMT - France, Governor of the Bank of France Villeroy de Galhau

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr SÄ…dowy) 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. XTB 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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