API weekly crude oil stock. USA, 22:30 (GMT+2) 24 Oct

24Oct.202321:30

API weekly crude oil stock. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), a weekly report on the amount of oil reserves, gasoline, and distillate volumes from the American Petroleum Institute (API) will be published. Previously, the statistics recorded a correction to –4.383M barrels of crude oil, and the continuation of this trend may support oil prices.

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24 Oct. 2023 14:45

Manufacturing and service PMI. USA 15:45 (GMT+2)

At 15:45 (GMT+2). October data on purchasing managers’ indices in the US industry and services sector will be published, reflecting the state of business activity in the manufacturing and service industries based on a survey of purchasing and supply managers of leading enterprises, while assessing the attitude of purchasing and supply managers to the current economic situation and prospects for its further development. Manufacturing PMI is expected to decline from 49.8 points to 49.5 points, and service PMI – from 50.1 points to 49.9 points.

25 Oct. 2023 02:30

Consumer price index. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) Australian Q3 consumer price index will be published, the main indicator of inflation in the country reflecting changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on. It has a significant influence on monetary policy decisions. It is expected that the index will decrease from 6.0% to 5.3% YoY and adjusted from 0.8% to 1.1% QoQ, supporting the Australian dollar.

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