CFD/FX Trading Involves Risk. Losses May Exceed Deposits.

Notice: Big days ahead in June 2018

2018-6-12 01:25:56Announcements
Notice: Big days ahead in June 2018

Dear Client,


The coming Wednesday and Thursday, 13th &14th June 2018, will be busy with plenty of important announcement from policy makers and economic data release. Most notably:


1.     The Fed meets next week with its policy announcement and forecasts due out at 2:00pm Eastern Time on Wednesday, 13th June 2018 followed by Fed chairman Powell's press conference at 2:30pm. Markets still expect another hike.


2.     The ECB will meet next week as well with policy announcements at 7:45am Eastern Time on Thursday, 14th June 2018 followed by executive board member Praet's press conference at 8:30am. The ECB is expected to debate whether to end QE this year.


3.     The May 2018 US retail sales data is due to be released by US Census Bureau at 8:30 am Eastern Time on Thursday, 14th June 2018.


Bank of Japan will meet next week as well with policy announcements on Thursday.


We expect the equity, forex and commodity markets to experience unusually high levels of volatility following these closely watched announcements.


Follow the results, we expect certain markets to experience unusually high levels of volatility which will increase the risk of positions held on those underlying instruments and indices. Please be aware that potentially higher volatility and lower liquidity may result in wider spread, larger slippage and order rejection. Your position values will be marked-to-market based on the prevailing market price. Please take extra care to monitor your exposure and ensure you have sufficient funds in your account to cover margin requirements in order to avoid forced liquidation.


If you have any questions, please email us at [email protected] and we'll get straight back to you. Alternatively, call us on (+64) 9-887 7675 and we'll be happy to help.



Kind regards,

UBFX

Your investment partner