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.

Trade Zone Week Ahead with Zoran Kresovic (Eightcap): 5th – 9th June

Published: 02.06.2023
by Nick Alexander

Welcome to June’s first Trade Zone Week Ahead! This month, Eightcap brings you the familiar face of resident analyst Zoran Kresovic. As Vee Phan passes the baton, Zoran will take charge of your weekly market reviews and provide updates on evolving patterns in the financial markets, offering a concise summary of his assessments regarding the market’s response to recent fluctuations and changes.

This week’s economic calendar includes notable events such as Monday’s U.S. PMI, Tuesday’s Australian Interest Rate Decision, Eurozone Retail Sales, and Wednesday’s Australian Gross Domestic Product. However, traders were particularly focused on last week’s Nonfarm Payroll report, with the U.S. economy gaining 339,000 jobs in May, far above the 190,000 expectation.

Watch the recording of today’s (week commencing 05.06.23) earlier live stream as Zoran dissects the week’s trading activities and uncovers opportunities across Forex, Indices, and Commodities. Participate in the discussion and prepare your questions as Zoran aims to start the month on a high note and set the tone for a month of solid market reviews.

* 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.