Crude oil reserves. USA, 22:30 (GMT+2) 11 Apr

11Apr.202321:30

Crude oil reserves. USA, 22:30 (GMT+2)

At 22:30 (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 of –4.346M barrels, and the continuation of this trend may support oil prices.

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11 Apr. 2023 10:00

Retail sales. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), February data on retail sales in the euro area will be published. The indicator captures the aggregate of all goods sold by retailers, based on a sample of outlets of various types and sizes. It is an important consumer spending indicator that has a significant impact on the region's gross domestic product. It is expected that the indicator will correct from 0.3% to –0.8% MoM and from –2.3% to –3.5% YoY, which, in turn, may put pressure on the euro quotes.

12 Apr. 2023 00:00

Electronic cards retail sales. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2) in New Zealand, data on the volume of retail sales made using electronic cards will be published. It is an important indicator of consumer spending in the country. The value is expected to decline from 11.7% to 9.5% YoY and increase from 0.0% to 1.5% MoM. The positive dynamics may support the New Zealand currency.

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