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

22May.202400:50

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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Crude oil reserves. USA, 22:30 (GMT+2)
21 May. 2024 21:30
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.

Trade balance. Japan, 01:50 (GMT+2)
22 May. 2024 00:50
Trade balance. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), April trade balance data is due in Japan. This indicator records the difference between the payments for exported and imported goods. It may decline from the current 366.5B yen to −339.5B yen, putting pressure on the yen.

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