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API weekly crude oil stocks. USA, 22:30 (GMT+2) 20 Aug

20Aug.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. Earlier, the statistics recorded a correction to –5.205M barrels from 0.180M barrels of crude oil, and the continuation of this trend may support oil prices.

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New housing price index. Canada, 14:30 (GMT+2)
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At 14:30 (GMT+2), Canada will publish the new home price index, which allows for analyzing the state of the national real estate market and assessing the impact of its dynamics on the economy as a whole. The value is likely to increase from –0.2% to 0.0%.

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At 01:50 (GMT+2), Japan will release its trade balance for July, measuring the difference between payments for exported and imported goods. It may fall from 224.0B yen to –330.7B yen, and the seasonally adjusted value from –0.82T yen to –0.73T yen, putting pressure on the yen.

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