Important events for the crypto market on September 12 from the economic calendar.

Today is the most eventful day of the week. Although the main event of the week (publication of consumer inflation in the US) took place yesterday, today there are enough events for increased market volatility. And the key one is the publication of producer price indices in the US. Production inflation for August, which determines consumer inflation for September.

There are also several other important events on the list, and not only in the States. Today and in an hour - the decision on the interest rate of the European Central Bank.

Schedule:

❗️- 15:15 Kyiv and Moscow time / 17:15 Astana time - European Central Bank interest rate decision. ECB monetary policy statement. Important due to: the role of the euro in calculating DXY, the risks of recession in the eurozone, the perception by markets of the decision as a possible "spoiler" for the US Federal Reserve decision. Consensus forecast - a decrease of 0.6 percentage points at once.

❗️- 15:30 Kyiv and Moscow time / 17:30 Astana time - Weekly number of initial applications for unemployment benefits in the US. The labor market is important for the US Federal Reserve's actions on interest rates and for assessing the risks of a recession.

❗️- 15:30 Kyiv and Moscow time / 17:30 Astana time - Core Producer Price Index and Producer Price Index in the US for August. Producer Inflation. Leading indicator of consumer inflation for September.

- 15:45 Kyiv and Moscow time / 17:45 Astana time - Press conference of the European Central Bank.

- 17:15 Kyiv and Moscow time / 19:15 Astana time - ECB President Lagarde will deliver a speech.

- 21:00 Kyiv and Moscow time / 23:00 Astana time - US Federal Budget Execution Report (August).

❗️- 23:30 Kyiv time and Moscow time / 01:30 new day Astana time - US Federal Reserve Balance Sheet. The decline has been ongoing in recent months, so far there is no reason to expect positive news for the markets here.

The Swedish Consumer Price Index for August has already been released this morning. It is important because of the role of the Swedish krona in the calculation of DXY and it turned out to be better than expected - inflation is retreating.