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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Look ahead: RBA minutes; eurozone inflation; JOLTS; Sainsbury’s

It’s a big week for FX traders with, JOLTS, NFP, and FOMC minutes on deck. Watch out for minutes from the Reserve bank of Australia on Tuesday. Eurozone inflation and unemployment data could move the euro.

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Meanwhile, Sainsbury’s issues a trading statement days before voters head to the polls to elect the next UK government.

(AI Video Summary)

US non-farm payrolls

Angeline Ong previews a critical week for financial markets, focusing on major events like the US non-farm payrolls (NFP), Federal Open Market Committee (FOMC) minutes, RBA minutes, and UK elections. Chris Vecchio from Tastylive highlights potentially shifting expectations of a Federal Reserve (Fed) rate cut due to anticipated job market deceleration.

Forex movements

Meanwhile, political uncertainties in Europe could influence markets, particularly the euro amidst parliamentary elections and the British pound ahead of UK elections, expected to cause significant FX volatility.

Additionally, retail sector traders are watching Sainsbury's amid differing performance across market segments.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

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