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Crude oil reserves. USA, 22:30 (GMT+2) 21 May

21May.202421:30

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

At 22:30 (GMT+2), a weekly report on the amount of oil reserves, gasoline, and distillates volumes from the American Petroleum Institute (API) is due. The last time, statistics recorded a correction to −3.104M barrels, and the continuation of this trend may support oil quotes.

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Speech by Bank of England Governor Andrew Bailey. UK, 19:00 (GMT+2)
21 May. 2024 18:00
Speech by Bank of England Governor Andrew Bailey. UK, 19:00 (GMT+2)

At 19:00 (GMT+2), the head of the Bank of England, Andrew Bailey, will give a speech, in which investors hope to hear comments on the steps already taken in the field of monetary policy aimed at slowing the rate of record inflation, as well as forecasts for the development of the national economy in the context of global instability.

Core machinery orders. Japan, 01:50 (GMT+2)
22 May. 2024 00:50
Core machinery orders. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), March data on core orders in mechanical engineering is due in Japan. The indicator records monthly changes in the volume of products produced by the sector, while goods for shipbuilding and utilities are not taken into account. It may adjust from 7.7% to 1.8% MoM.

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