Risk Warning: US Retail Sales MoM (Feb) is coming
As you are aware, the U.S. Retail Sales MoM (Feb) will be published this week, which will probably have some influence on the trading of stocks, foreign exchanges, commodities and energy.
The Commerce Department will publish data on retail sales for February at 8:30AM ET (20:30 UTC+8) Wednesday.
With this in mind, we would ask all of our clients to be very aware of the very real risks associated with this event. Trading conditions will be somewhat abnormal. This can result in above-ordinary spreads, slippage or failure to place orders, and open positions and market orders will be subject to ( revalued against) the prevailing market price. We would therefore advise all clients to make sure that they have sufficient funds on deposit in order to sustain/maintain open positions under potentially, dangerous and extraordinary circumstances.
UBFX friendly reminder: please keep paying attention to your fund position, and adjust your trading strategy as the market changes.
Thanks for your understanding.
Please contact us if you have any questions.