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EIA Crude Oil Inventories. USA, 17:30 (GMT+2) 22 Feb

22Feb.202416:30

EIA Crude Oil Inventories. USA, 17:30 (GMT+2)

At 17:30 (GMT+2), the US Energy Information Administration (EIA) will publish a weekly Crude Oil Inventories report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. A correction is expected from the current 12.018 million barrels to 3.300 million barrels, which may support the quotes of "black gold".

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Manufacturing and Services PMIs. USA, 16:45 (GMT+2)
22 Feb. 2024 15:45
Manufacturing and Services PMIs. USA, 16:45 (GMT+2)

At 16:45 (GMT+2) February data on business activity indices in the US manufacturing and services sector will be published. The indicators reflect the state of business activity in the manufacturing and service industries and are calculated based on a survey of purchasing and supply managers of leading enterprises, while assessing their attitude towards the current economic situation and the prospects for its further development. The Manufacturing PMI is expected to adjust from 50.7 points to 50.1 points, and the Services PMI is expected to adjust from 52.5 points to 52.0 points.

Retail Sales. New Zealand, 23:45 (GMT+2)
22 Feb. 2024 22:45
Retail Sales. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2) in New Zealand, retail sales data for the fourth quarter of 2023 will be published. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). Sales volume in the fourth quarter is expected to correct from 0.0% to -0.2%, and the core value from 1.0% to -0.1%, putting pressure on the New Zealand dollar.

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