CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% 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.

76.09% of retail investor accounts lose money when trading CFDs with this provider.

15.05.23 | Trading Outlook with Resident Analyst Joe Jeffriess

Published: 14.05.2023
by Joseph Jeffriess

This coming week will be slower on the data front, but traders will keep a close eye on the release of U.S. Retail Sales, CAD CPI and Australian Employment data. Fed Chairman Powell’s speech on Saturday will mark the conclusion of the trading week. The U.S. debt ceiling will remain in focus, serving as a potential catalyst for safe-haven buying. Stay tuned for updates on market reactions during this period.

As trade resumes, what will be the impact of last week’s CPI, PPI, and BoE? Find out how the markets have evolved during today’s Australian and Asian sessions and the outlook for the coming week. Watch our latest video for insights on potential opportunities in Gold, Indices, and Crypto as the new trading week begins. Stay up-to-date and make informed decisions with our market summary.

* The information provided on this page are the opinions of the author and do not necessarily reflect the opinions of Eightcap and are not endorsed by Eightcap.

Any person acting on the information presented on this page does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. Any research provided does not have regard to any specific investment objectives, financial situation and needs of any specific person who may receive it.

Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.