The events ahead will give us a clear structure of how the economic machine works worldwide. Of course, the major events will unfold in the United States. We have the FOMC Meeting and Fed Interest rate decision scheduled for Wednesday. On Friday ECB President Mario Draghi will hold a speech on the improvement in the Eurozone.
On Thursday Bank of Japan will release its Policy Statement and that can further depreciate the Yen. The Canadian dollar will be anticipating the release of Core CPI and Core Retail Sales on Friday. UK Prime Minister May will be speaking on Friday which means that the Sterling will also increase in volatility.
The week is packed with nutrition that will give the markets a new momentum. As September comes to an end, market volatility is beginning to catch up.
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