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Gross domestic product. EU, 11:00 (GMT+2) 15 May

15May.202410:00

Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), data on the EU Q1 gross domestic product (GDP) is due – the main indicator reflecting the state of the national economy and taking into account domestic consumption, investment, government spending, and exports. It is likely that the figure will be consolidated at 0.4% YoY and will increase from 0.0% to 0.3% QoQ.

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API crude oil stocks. USA, 22:30 (GMT+2)
14 May. 2024 21:30
API crude oil stocks. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), a weekly report on the amount of oil reserves, gasoline, and distillates volumes from the American Petroleum Institute (API) is due. The last time statistics recorded a correction to 0.509M barrels of crude oil, and the continuation of this trend may support oil quotes.

Industrial production. EU, 11:00 (GMT+2)
15 May. 2024 10:00
Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), March EU data on the industrial production volume is due, which reflect changes in the volume of production of industrial goods and utilities in the country, taking into account the manufacturing and mining industries, as well as the electricity sector. MoM, the figure may correct 0.8% to –0.3%, putting pressure on the euro.

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