Electronic card retail sales. New Zealand, 00:45 (GMT+2) 12 Sep

12Sep.202400:00

Electronic card retail sales. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2), New Zealand will publish data on electronic card retail sales for August. It is an important indicator of consumer spending in the country. It may decline from –0.1% MoM, and from –4.9% YoY, putting pressure on the New Zealand currency.

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11 Sep. 2024 15:30

Crude oil inventories. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the Energy Information Administration of the US Department of Energy (EIA) will present a weekly report containing data on changes in the volumes of crude oil, as well as gasoline and distillates in the country. A correction may follow from –6.873M barrels to –0.600M barrels, which may put pressure on oil prices.

12 Sep. 2024 13:30

Producer price index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), August data on the US producer price index is due. The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products, and finished goods are taken into account). An increase in producer prices contributes to the growth of consumer inflation in the region. It may increase from 0.1% to 0.2% MoM and from 2.2% to 2.3% YoY and the core indicator from 2.4% to 2.7% YoY and from 0.0% to 0.2% MoM.

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