EIA crude oil reserves. USA, 16:30 (GMT+2) 04 Oct

04Oct.202315:30

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

At 16:30 (GMT+2), the US Department of Energy’s Energy Information Administration (EIA) will publish a weekly report containing data on changes in the volumes of crude oil, as well as gasoline and distillates in the country. The indicator is expected to correct from the current −2.170M barrels to −1.320M barrels, supporting oil quotes.

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04 Oct. 2023 14:45

Service PMI. USA, 15:45 (GMT+2)

At 15:45 (GMT+2), the September ISM non-manufacturing purchasing managers’ index will be published. The indicator reflects the state of business activity in the service sector based on a survey of supply managers at non-manufacturing enterprises. At the same time, their attitude to the current economic situation and prospects for its further development is assessed. It is predicted that the indicator will decrease from 50.5 points to 50.2 points.

05 Oct. 2023 02:30

Trade balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), August trade balance data will be published in Australia. This indicator records the difference between the amount of payments for exported and imported goods, and its increase is a positive factor for the Australian currency. The balance sheet surplus is expected to adjust upward from 8.039B Australian dollars to 8.725B Australian dollars.

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