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: US decision on Huawei

07:22 19 August 2019

Summary

- Second release of European CPI for July
- United States to announce decision on Huawei today
- Busy week ahead with central banks in the spotlight

Beginning of the week seems light in terms of the macroeconomic releases as there are barely any scheduled for Monday. Eurostat will release July’s CPI print for euro area at 10:00 am BST. Nevertheless, it will be the second release for July therefore the data should not deviate much from the initial readings. Headline gauge is expected to come in at 1.1% YoY while the core measure should confirm 0.9% YoY print signalled by the preliminary data. Apart from that, Chilean GDP report for the second quarter of 2019 will be released at 1:30 pm BST. It is expected that the Chilean economy has grown 1.8% YoY in the April-June period. The reading may spur additional volatility on the Chilean peso market (USDCLP). Additionally, the US waiver for Huawei expires today therefore a decision on extension is expected to be announced today in the afternoon. In case it is granted, appetite for risk may increase.

However, one should not get distracted by the lack of key readings scheduled for Monday. Some key events will take place in the remaining part of the week including release of FOMC (Wednesday) and ECB minutes (Thursday) as well as the German manufacturing PMI print for August (Thursday).

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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