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EIA Crude Oil Inventories. USA, 16:30 (GMT+2) 09 Aug

09Aug.202315:30

EIA Crude Oil Inventories. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the US Energy Information Administration (EIA) will publish a weekly Crude Oil Inventories report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. A correction is expected from -17.049 million barrels to -4.635 million barrels, which can still support the "black gold" quotes.

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Building Permits. Canada, 14:30 (GMT+2)
09 Aug. 2023 13:30
Building Permits. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) the data on the number of Building Permits issued in June will be published in Canada. Building Permits reports the change in the number of new building approvals issued by the government and is one of the most important indicators of the construction sector. If the value continues its negative dynamics from 10.5%, this may negatively affect the positions of the national currency.

Consumer Price Index. USA, 14:30 (GMT+2)
10 Aug. 2023 13:30
Consumer Price Index. USA, 14:30 (GMT+2)

The data on the US Consumer Price Index for July are due at 14:30 (GMT+2). It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. It has a significant impact on the decisions of the country's financial regulator regarding adjustments to monetary policy. On a monthly basis, the index is expected to remain at 0.2%, and on an annualized basis it may correct from 3.0% to 3.3%, while the Core monthly value will remain at 0.2%, and the annual value will decrease from 4.8% to 4.7%.

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