Manufacturing sales. Canada, 14:30 (GMT+2) 14 Mar

14Mar.202313:30

Manufacturing sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) in Canada, January data on sales in the manufacturing sector will be published. It is a key indicator of the strength of a national industry and therefore a leading indicator of a country's economic health. It is expected that in January the value will increase from –1.5% to 3.9%. Implementation of the forecast may support the quotes of the national currency.

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14 Mar. 2023 13:30

Consumer price index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the February data on the consumer price index will be released in the US. This is the main indicator of inflation in the country, which reflects the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and so on. It has a significant influence on the decisions of the country's financial regulator regarding monetary policy. The index is expected to decline from 0.5% to 0.4% MoM and from 6.4% to 6.0% YoY, while the core value will remain at 0.4% MoM and decrease from 5.6% to 5.5% YoY.

14 Mar. 2023 22:30

Crude oil reserves. USA, 23:30 (GMT+2)

At 23:30 (GMT+2), the American Petroleum Institute (API) will release its weekly report on oil reserves, gasoline, and distillates. The last time statistics recorded a correction to –3.835M barrels of crude oil, and the continuation of this trend may support energy prices.

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