EIA crude oil reserves. USA, 17:30 (GMT+2) 21 Dec

21Dec.202216:30

EIA crude oil reserves. USA, 17:30 (GMT+2)

At 17:30 (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 10.231M barrels to -0.167M barrels, which may support the oil quotes.

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21 Dec. 2022 16:00

CB consumer confidence. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), the Conference Board's December consumer confidence Index will be published in the US. It is based on a survey of 5.0K American households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending that is part of economic activity. High numbers indicate consumer optimism. The index is expected to fall from 100.2 points to 101.0 points. Implementation of the forecast may put pressure on the US national currency.

22 Dec. 2022 08:00

Gross domestic product. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), data on the UK's gross domestic product, the main indicator reflecting the state of the national economy, will be released. It takes into account domestic consumption, investment, government spending and exports. The indicator is expected to correct from 0.2% to –0.2% QoQ, and from 4.4% to 2.4% YoY.

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