WEEK AHEAD – MORE MARKET VOLATILITY TO COME?

Okay, it was total chaos in the markets last week!

From cryptocurrencies to indices, it was a sea of

red. Be absolutely sure to trade responsibly, as

you always should. Will this week be any different？

Retail Sales in Focus

On Tuesday, traders will receive important U.S

data in the form of retail sales. This is the change

in the total value of sales at the retail level. Four

out of the last five reports have been under the

forecast, which has been concerning for US policy makers. This is because it is showing inflation

is mainly coming from supply shocks, adding to

the stagflation story. The markets are likely to be

very volatile around this release.

Inflation data keeps coming!

The real volatility in the markets seems to be

coming from inflation data, just like the US

Consumer Price Index report yesterday. On

Wednesday, the UK and Canada will release its

CPI reports. Eyes will be firmly on the UKs report after last months showed prices increased

by 7% from the same time last year. A figure

around this level will add to global inflation concerns, and likely create even more volatility.

Everyone at Zenfinex wishes you the best trading week. 

If you would like to know more about

the products we offer, feel free to visit

www.zenfinex.com.

Discliamer: 63.64% 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.