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Crude oil inventories. USA, 16:30 (GMT+2) 22 May

22May.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. 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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Existing home sales. USA, 16:00 (GMT+2)
22 May. 2024 15:00
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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.

FOMC meeting minutes. USA, 20:00 (GMT+2)
22 May. 2024 19:00
FOMC meeting minutes. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), the minutes of the last meeting of the US Fed Open Market Committee (FOMC) are due. The document may contain the opinions of regulator members on the current state of the American economy, as well as hints on further actions to slow inflation and restore macroeconomic indicators in the context of global geopolitical tensions.

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