The most important news from the international markets!
Investors move obvious from the European common currency on the yen. The euro may unable to recover from his fall at the beginning of the trading week. The US dollar is rising start of the week in most pairs.
The statements by ECB President Mario Draghi and the upcoming election in Greece burden increasingly the common currency. The euro fell at the opening of trading below the mark of 1,20 US dollars. The British pound also reported heavy losses after Prime Minister Cameron would prefer a referendum about the continuance in the EU before 2017.
Here we show you a preview on the most important economic events this week, which can have a major influence at the financial markets.
The European single currency has started the new year very bad, and fell below the mark of 1.21 US dollars. Investors suspect a coming start of a program for the purchase of government bonds by the ECB. The euro reached a four and a half-year low, just above the 1.20 US dollar mark.
The Chinese PMI PMI in December declined slightly in December, and points to a further cooling of the Chinese economy. Analysts feel that further rate cuts by the Chinese central bank possible.
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