Crude oil inventories. USA, 16:30 (GMT+2) 01 May

01May.202415:30

Crude oil inventories. 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. It may change from −6.368M barrels to 1.700M barrels, putting pressure on oil quotes.

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01 May. 2024 15:00

ISM manufacturing PMI. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, April purchasing managers index in the manufacturing sector from the Institute for Supply Management (ISM) is due. The indicator reflects the state of business activity in the national manufacturing industry based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for its further development is assessed. The index may fall from 50.3 points to 50.1 points.

01 May. 2024 19:00

Interest rate decision. USA, 20:00 (GMT+2)

At 20:00 (GMT+2,) the US Federal Reserve System (US Fed) will announce its decision on monetary policy. The regulator may keep the value at the level of 5.50%. In the accompanying statement, the head of the department, Jerome Powell, may also announce specific steps by the financial authorities to further curb inflationary pressure.

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