CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. 74% 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.

Three markets to watch next week

17:08 14 May 2021

Stock markets dropped this week as inflation concerns began to mount following US CPI data. However, investors were quick to shrug off these concerns in the second half of the week and launch a recovery move on the global stock markets. Will the recovery move continue next week? Be sure to watch US100, DE30 and GOLD next week!

US100

US100 dropped over 5% during the first three days of the current week and was a top laggard among major Wall Street indices. While the index began to recover in the second half of the week, it continues to trade around 5% below its all-time highs. Monetary policy tightening is seen as especially negative for the tech sector but the Fed continues to play down inflation concerns. The question remains how long investors will buy this narrative amid worsening data?

DE30

European indices were not hit as hard as their US peers during this week's sell-off. Following a recovery in the later part of the week, German DE30 is trading less than 1% below all-time highs. Investors from Europe will be offered an update on moods within the European economy next week when flash PMIs for May are released on Friday. As usual, traders will focus on readings from France (8:15 am BST) and Germany (8:30 am BST).

GOLD

Gold reached a fresh 3-month high at the start of the week. However, gold failed to rally on higher-than-expected US CPI reading as US dollar strengthening kept precious metals' prices in check. A key reading for precious metals traders next week is scheduled for Wednesday - FOMC minutes release at 7:00 pm BST. Report is expected to be dovish but any hawkish tilts could impact market moods.

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