Crude oil imports. USA, 16:30 (GMT+2) 24 Apr

24Apr.202415:30

Crude oil imports. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the US Department of Energy’s Energy Information Administration (EIA) will present a weekly report containing data on changes in the volumes of crude oil, as well as gasoline and distillates in the country. A correction is expected from the current 2.735M barrels to 1.700M barrels, supporting oil quotes.

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24 Apr. 2024 13:30

Retail sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), February data on retail sales will be presented in Canada. The indicator monthly records the volume of all goods retailers sold based on samples of stores of different types and sizes. It is an important indicator of consumer spending and affects gross domestic product (GDP). The rate may adjust from −0.3% to 0.1% in February, and the core value from 0.5% to 0.0%, supporting the Canadian dollar.

25 Apr. 2024 07:00

Gfk Group Consumer Confidence Survey. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the data on GfK Group Consumer Confidence for May are due in Germany. The indicator measures the degree of confidence in the strength of the economy and is a leading indicator for consumer spending. The negative dynamics is expected to slow down from -27.4 points to -25.9 points, which will still continue to put pressure on the euro exchange rate.

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