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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 10/11/23: Powell; US consumer confidence; UK data; oil

Investors eye the US Fed chair’s speech for more clues about future rates. Brace for US consumer confidence figures after data point to a resilent labour market. And Britain releases Q3 GDP growth rate and trade data.

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(Partial Video Transcript)

Investors waiting on Powell's comments

Hello, I'm Angeline Ong. Welcome to your look ahead to Friday 10 November 2023. Now, of course those comments from US Federal Reserve chair Jerome Powell will be key. We are looking out for UK gross domestic product (GDP) numbers as well, along with industrial production and trade balance. Let's have a look at sterling...

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