Crude Oil Inventories. USA, 16:30 (GMT+2) 14 Sep

14Sep.202215:30

Crude Oil Inventories. 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 correction is expected from the current 8.844M barrels to –0.200M barrels, which, in turn, may support oil quotes.

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14 Sep. 2022 13:30

Producer Price Index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the August data on the producer price index will be published in the USA. It is one of the country's main indicators of inflation, which reflects the change in prices for goods and services sold by manufacturers. It also shows the change in the cost of their production. The index is expected to correct from –0.5% to –0.1% MoM and from 9.8% to 8.8% YoY, while the Core value will increase from 0.2% to 0.3% MoM and decrease from 7.6% to 7.1% YoY.

15 Sep. 2022 00:00

Gross Domestic Product. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2), the data on New Zealand's Q2 gross domestic product will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. The New Zealand economy is expected to grow from –0.2% to 1.0% QoQ, which could be a catalyst for strengthening the national currency.

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