Trade balance. Japan, 01:50 (GMT+2) 21 Aug

21Aug.202400:50

Trade balance. Japan, 01:50 (GMT+2)

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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20 Aug. 2024 21:30

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.

21 Aug. 2024 13:30

Commodity price index. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will release its commodity price index for July. Unlike the industrial goods price index, this indicator includes purchase items produced outside the country, and its calculation considers all expenses incurred by the buyer of raw materials, including the goods themselves, transportation costs, net taxes, and customs duties. It may change from –1.4% to –0.9% YoY, putting pressure on the Canadian dollar.

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