Crude oil reserves. USA, 23:30 (GMT+2) 14 Mar

14Mar.202322:30

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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14 Mar. 2023 13:30

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.

14 Mar. 2023 22:45

Current account balance. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), New Zealand will publish data on the current account balance for the fourth quarter of 2022, an indicator that measures the difference in the amount of exported and imported goods. The negative dynamics are forecasted to slow down from the current –29.65B New Zealand dollars to –29.60B New Zealand dollars YoY and from –10.20B New Zealand dollars to –8.25B New Zealand dollars QoQ, which may act as a catalyst for strengthening the quotations of the national currency.

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