Crude oil reserves. USA, 16:30 (GMT+2) 07 Sep

07Sep.202315:30

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. A correction is expected from the current –10.584M barrels to –3.267M barrels, which can still support oil quotes.

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07 Sep. 2023 15:00

Ivey PMI. Canada, 16:00 (GMT+2)

At 16:00 (GMT+2) in Canada will be published August data on the index of business activity from Ivey. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. The value is expected to increase from 48.6 points to 49.2 points, which, in turn, may support the rate of the Canadian currency.

08 Sep. 2023 00:50

Gross domestic product. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan’s Q2 gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy; it considers domestic consumption, investment, government spending, and exports. The value is expected to rise from 0.7% to 1.5% QoQ and from 2.7% to 6.0% YoY. Implementation of the forecast may support the quotes of the yen.

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