Industrial Orders. USA, 16:00 (GMT+2) 03 Aug

03Aug.202215:00

Industrial Orders. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), in the US, May data on the volume of industrial orders will be published. This indicator captures the change in the number of durable and non-durable goods orders. The indicator is expected to decrease from 1.6% to 1.1%. Implementation of the forecast may put pressure on the US dollar quotes.

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03 Aug. 2022 15:00

ISM Manufacturing PMI. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, July data on the index of business activity in the manufacturing sector will be published. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. It is expected that in July, the index will drop from the current 55.3 points to 53.5 points.

03 Aug. 2022 15:30

EIA Crude Oil Reserves. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the Energy Information Administration of the US Department of Energy (EIA) will publish a weekly report containing data on changes in the volume of crude oil and gasoline and distillates in the US. The increase in reserves, as a rule, leads to pressure on oil prices. A significant correction is expected from the current –4.523M barrels to –0.467M barrels, which, in turn, may put pressure on oil prices.

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