API weekly crude oil stocks. USA, 22:30 (GMT+2) 04 Sep

04Sep.202421:30

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

At 22:30 (GMT+2), the weekly report on the amount of oil reserves, gasoline, and distillates from the American Petroleum Institute (API) is due. Earlier, the statistics recorded a correction from 0.347M barrels to –3.400M barrels, and the continuation of this dynamic may support the oil quotes.

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04 Sep. 2024 19:00

Beige Book. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), the US Fed System (US Fed) will publish the economic Beige Book report. It characterizes the state of the economy in twelve federal districts of the country and contains information on all types of industry, agriculture, corporate and consumer spending, the real estate market, and other indicators at the current moment. The document is published eight times a year before the scheduled meetings of the Federal Open Market Committee of the US Fed System (FOMC).

05 Sep. 2024 02:30

Trade balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australia will publish July data on the trade balance, an indicator that records the difference between the amount of payments for exported and imported goods. The surplus may fall from 5.589B Australian dollars to 4.610B Australian dollars, putting pressure on the national currency.

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