GfK Consumer Climate. Germany, 08:00 (GMT+2) 27 Oct

27Oct.202207:00

GfK Consumer Climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) in Germany, November data on the consumer climate index from GfK Group will be published. The indicator assesses the degree of confidence in the economy's strength and is a leading indicator for household spending. The negative dynamics are expected to increase from –42.5 points to –41.9 points. Implementation of the forecast may put pressure on the euro quotes.

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26 Oct. 2022 15:30

EIA 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 –1.725M barrels to 0.200M barrels, which may pressure the oil quotes.

27 Oct. 2022 13:30

Durable Goods Orders. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will publish September data on the volume of orders for durable goods with more than three years of service. The indicator is a leading indicator of industrial activity. It is expected that the total volume of orders in September will increase from –0.2% to 0.6%, while the volume of basic orders will decrease from 0.3% to 0.2%.

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