Crude oil reserves. USA, 22:30 (GMT+2) 18 Jul

18Jul.202321:30

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

At 22:30 (GMT+2), the American Petroleum Institute (API) weekly report on oil reserves, gasoline, and distillates will be published. The last time statistics recorded a correction to 3.026M barrels of crude oil, and the continuation of this trend may put pressure on oil prices.

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18 Jul. 2023 14:15

Industrial production. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the June data on industrial production will be published in the US. The indicator captures the change in the size of the output of industrial goods and public services in the country. Its calculation considers the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct from –0.2% to –0.1% MoM. Implementation of the forecast may put pressure on the US dollar.

19 Jul. 2023 00:00

Consumer price index. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2), Q2 New Zealand data on the consumer price index will be released – the main indicator of the country’s inflation rate, which determines the change in retail prices for a certain “basket” of goods and services: food, transport, utility spending, healthcare, and so on. It is expected that the value will decrease from 6.7% to 5.9% YoY and from 1.2% to 1.0% QoQ.

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