API crude oil reserves. USA, 22:30 (GMT+2) 06 Jun

06Jun.202321:30

API 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 to 5.202M barrels of crude oil, and the continuation of this trend may put pressure on prices.

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06 Jun. 2023 13:30

Building permits. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), April data on the number of building permits issued in Canada will be published. The indicator monthly records the change in the number of applications for the construction of real estate approved by the government, and is one of the most important indicators of the construction sector. The value is expected to correct from 11.3% to –2.9%. Implementation of the forecast may harm the position of the national currency.

07 Jun. 2023 02:30

Gross domestic product. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Q1 Australian gross domestic product (GDP) will be released. It is the main indicator that reflects the state of the national economy and considers domestic consumption, investment, government spending and exports. The Australian economy is expected to grow from the current 0.5% to 0.8% QoQ and remain at 2.7% YoY. Implementation of the forecast may support the quotes of the national currency.

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