New Home Sales. USA, 17:00 (GMT+2) 26 Jan

26Jan.202216:00

New Home Sales. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), US data on home sales in the primary market for December will be released. The indicator captures the number of new residential buildings sold during the past month and is one of the most important indicators of the US construction market. The value is expected to rise from 744K to 760K homes. Implementation of the forecast may support the US dollar.

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26 Jan. 2022 16:00

Interest Rate Decision. Canada, 17:00 (GMT+2)

At 17:00 (GMT+2), the Bank of Canada will announce its interest rate decision. It is expected that the regulator will leave it at 0.25% and will not significantly adjust its monetary policy. The accompanying statement may contain an assessment of the current situation and immediate prospects for the Canadian economy and hints at the bank's further actions.

26 Jan. 2022 16:30

Crude Oil Inventories. USA, 17:30 (GMT+2)

At 17:30 (GMT+2), the Energy Information Administration (EIA) of the US Department of Energy will publish a weekly report containing data on changes in the volumes of crude oil and gasoline and distillates. An increase in inventories, as a rule, leads to pressure on energy prices. The figure is expected to fall to –0.400M barrels from the current 0.515M barrels, supporting oil prices.

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