ECB President Mario Draghi made unexpected hawkish statements in his speech in Brussels today. In the forex market, his statements were positively assessed for the euro, which then initially broke through the USD 1.18 mark.
Read more: Mario Draghi at hearing unusually hawkish - Euro rises above 1.18
The U. S. labor market data on non-farm payrolls, which was eagerly awaited after the natural catastrophes, turned out to be much worse than expected. However, a sharp rise in hourly wages and the fall in the unemployment rate put the US dollar below the 1.17 euro mark.
Read more: US Labour Market Data with -33K jobs negative, hourly wages rise significantly
The referendum on the independence of Catalonia has plunged Spain into a serious state crisis, the outcome of which so far is completely open. In addition to the territorial consequences, there is also the question of the future of Catalonia-based companies, for which an exit of Catalonia from the Spanish state, and thus from the EU and the Eurozone, could have dramatic consequences.
At the beginning and middle of September, the world of cryptocurrencies was massively shaken by measures of the Chinese central bank. After the prices of the various cryptocurrencies, above all Bitcoin, had crashed massively, it's time to take a look at how they coped with this hard blow.
Read more: Crypto Currencies - The turnaround after the China Crash
Like in every week, in this week important data from the global economy will be published, which can influence international markets. The following is an overview of events that may trigger greater volatility when they are published. Please note that in addition to these data, many other data are published which, in total, can also lead to major movements on the markets. An overview of all the data published this week can be found in our economic calendar.
Read more: Important Economic Data in the Week from 4th Sep. to 8th Sep. 2017
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