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API crude oil reserves. USA, 22:30 (GMT+2) 18 Jun

18Jun.202421:30

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

At 22:30 (GMT+2), the weekly report on oil reserves, gasoline, and distillate volumes from the American Petroleum Institute (API) is due. The last time the statistics recorded a correction to –2.428M barrels of crude oil and the continuation of this trend may support oil prices.

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Industrial Production. USA, 15:15 (GMT+2)
18 Jun. 2024 14:15
Industrial Production. USA, 15:15 (GMT+2)

At 15:15 (GMT+2), the US will publish data on industrial production for May. The indicator records the change in the size of the output of industrial goods and utilities in the country. It considers the manufacturing and mining industries, as well as the electric power industry. It may change from 0.0% to 0.3% MoM, supporting the American dollar.

Trade balance. Japan, 01:50 (GMT+2)
19 Jun. 2024 00:50
Trade balance. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan will publish its trade balance data for May. This indicator shows the difference between the sum of payments for exported and imported goods. It is likely to accelerate the negative dynamics from –465.5B yen to –1313.7B yen, putting pressure on the yen.

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