Crude oil reserves. USA, 22:30 (GMT+2) 07 Nov

07Nov.202321:30

Crude oil reserves. 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. The last time statistics recorded a correction to 1.347M barrels of crude “black gold”, and the continuation of this trend could put pressure on energy prices.

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07 Nov. 2023 14:30

Trade balance. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), September trade balance data will be published in Canada. This indicator records the difference between the amount of payments for exported and imported goods; its increase is a positive factor for the national currency. The trade balance is expected to accelerate from 0.72B Canadian dollars to –1.50B Canadian dollars. The implementation of the forecast may have a negative impact on the positions of the national currency.

08 Nov. 2023 01:30

Construction permits. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), data on the number of building permits issued will be published in Australia. The indicator records monthly changes in the number of applications issued by the Australian government for the construction of real estate and is one of the most important indicators of the construction sector. The value is expected to correct from 7.0% to −4.6%, putting pressure on the Australian dollar.

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