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API weekly crude oil stocks. USA, 22:30 (GMT+2) 11 Jun

11Jun.202421:30

API weekly crude oil stocks. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), the weekly report on oil reserves, gasoline, and distillates from the American Petroleum Institute (API) is due. It may grow from 4.052M barrels, putting pressure on oil prices.

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Building permits. Canada, 14:30 (GMT+2)
11 Jun. 2024 13:30
Building permits. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will publish April data on the number of issued building permits. The indicator monthly records the change in the number of applications for the construction of real estate approved by the government and is one of the most important indicators of the sector. The indicator may grow from –11.7% to 4.8%, supporting the Canadian dollar.

Consumer price index. China, 03:30 (GMT+2)
12 Jun. 2024 02:30
Consumer price index. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will publish May data on the consumer price index. It is the main indicator of the inflation rate in the country and reflects the change in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). It has a significant impact on the decisions of the national financial regulator on monetary policy. It may change from 0.3% to 0.4% YoY.

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