API Weekly Crude Oil Stock. USA, 22:30 (GMT+2) 10 May

10May.202221:30

API Weekly Crude Oil Stock. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), the American Petroleum Institute (API) will publish a weekly report on the amount of oil reserves, gasoline, and distillates in the US. A decrease in the indicator traditionally leads to an increase in the oil price. Previously, the statistics recorded a significant decline to –3.479M barrels. A continuation of this trend may support energy prices.

Start Trading

Cannot read us every day? Get the most popular posts to your email.

What should I read next?

10 May. 2022 10:00

ZEW Economic Sentiment Index. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the May index of business sentiment in Germany from ZEW will be published. The indicator reflects the difference between the share of institutional investors and optimistic and pessimistic analysts. It is expected that the indicator will continue its negative dynamics, falling from –41.0 to –42.5 points, which may put pressure on the euro.

11 May. 2022 01:30

Westpac Consumer Sentiment Index. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2) in Australia, the May index of consumer sentiment from Westpac will be published. The indicator measures consumer confidence in economic activity and is calculated by surveying about 1.2K consumers who are asked to assess the prospects for the economy in the future. If the indicator continues its negative dynamics from the current –0.9%, it will indicate low consumer optimism and may put pressure on the Australian dollar.

What’s next?

I’d like to test my new skills on a demo account without registration

Show me currency charts and real time price moves

I’d like to copy professional traders’ transactions onto my account

I'm ready to open a trading account and make money from Forex

Facebook
X
Instagram
LinkedIn
Youtube
Telegram
MQL5

Live Chat