Speech by US Fed chairman Jerome Powell. USA, 15:30 (GMT+2) 28 Jun

28Jun.202314:30

Speech by US Fed chairman Jerome Powell. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), the head of the US Federal Reserve System (US Fed), Jerome Powell, will deliver a speech. The official can share his vision of the current situation in the US economy amid ongoing geopolitical tensions and hint at further actions by the regulator in the field of monetary policy to curb inflation.

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28 Jun. 2023 14:30

Speech by Bank of England governor Andrew Bailey. UK, 15:30 (GMT+2)

At 15:30 (GMT+2), Bank of England Governor, Andrew Bailey, will make a speech, in which officials hope to hear comments on the monetary policy steps already taken to slow down record inflation rates, as well as forecasts for the development of the national economy in the face of global instability.

28 Jun. 2023 15:30

Crude oil reserves. USA, 16:30 (GMT+2)

At 16:30 (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, as well as 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 –3.831M barrels to 1.415M barrels, which may put pressure on oil quotes.

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