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: UK production data in the spotlight

08:08 13 January 2020
  • Monthly GDP and production data from the United Kingdom

  • Italian retail sales seen rising in November after a drop in October

8:00 am GMT - Czech Republic, CPI inflation for December. Expected: 3.1% YoY. Previous: 3.1% YoY

9:00 am GMT - Italy, retail sales for November. Expected: 0.1% MoM. Previous: -0.2% MoM

9:30 am GMT - UK, production and GDP for November. The UK data pack is the only big release from major economies scheduled for today. Manufacturing production is expected to drop 1.6% YoY after a 1.2% decline in October. Industrial production is forecasted to decline 1.4% YoY. Monthly GDP print is expected to show no growth in November (0.0% MoM). GBP traders should watch incoming data closely after some BoE members hinted that they may vote for a rate cut in case the economy does not improve.

1:00 pm GMT - Poland, trade balance for November. Polish trade data for November is expected to show exports dropping from €21.791 billion to €20.653 billion and imports dropping from €21.351 billion to €20.392 billion. Trade balance for November is expected to come in at around €300 million

Central bankers’ speeches

  • 8:00 am GMT - Riksbank’s Jansson

  • 3:00 pm GMT - Fed’s Rosengren

  • 5:40 pm GMT - Fed’s Bostic

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