Interest rate decision. New Zealand, 04:00 (GMT+2) 16 Aug

16Aug.202303:00

Interest rate decision. New Zealand, 04:00 (GMT+2)

At 04:00 (GMT+2), the Reserve Bank of New Zealand will announce its interest rate decision. It is expected that the regulator will leave the value at 5.50%. The accompanying statement and subsequent press conference may contain an assessment of the current situation and immediate economic prospects in the face of geopolitical tensions, as well as hints at further actions by the financial authorities.

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15 Aug. 2023 21:30

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. Previously, the statistics recorded a correction to 4.067M barrels of crude oil, and the continuation of this trend may put pressure on oil prices.

16 Aug. 2023 07:00

Consumer price index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), July data on the consumer price index will be released in the UK. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on monetary policy decisions. CPI is expected to fall from 7.9% to 6.8% YoY and from 0.1% to –0.5% MoM, while the core value will correct from 6.9% to 7.4% YoY and from 0.2% to 0.3% MoM.

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