Existing home sales. USA, 16:00 (GMT+2) 22 May

22May.202415:00

Existing home sales. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), April existing home sales data is due, which reflects the number of existing residential buildings sold during the past month and is one of the most important indicators of the construction market. The figure may rise from 4.19M to 4.21M.

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22 May. 2024 07:00

Consumer price index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on the consumer price index is due in the UK. It is the main indicator of inflation in the country and determines changes in retail prices for a certain “basket” of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on decisions on monetary policy. It may adjust from 3.2% to 2.1% YoY and the core value from 4.2% to 3.6%.

22 May. 2024 15:30

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. A correction is expected from the current −2.508M barrels to −0.400M barrels, which may put pressure on oil quotes.

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