API weekly crude oil stock. USA, 22:30 (GMT+2) 16 Oct

16Oct.202421:30

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

At 22:30 (GMT+2), the weekly report on the amount of oil reserves in the USA from the American Petroleum Institute (API) will be released, which, in addition to data on oil reserves, contains statistics on the amount of gasoline and distillates. Earlier, the indicator increased by 10.900M barrels, and the continuation of this trend will put pressure on the quotes.

Start Trading

Cannot read us every day? Get the most popular posts to your email.

What should I read next?

16 Oct. 2024 07:00

Consumer price index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK will release September consumer price index data, which is the main indicator of the inflation rate in the country, reflecting the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc., and has a significant impact on the Bank of England’s decisions on monetary policy. The indicator may fall from 2.2% to 1.9% YoY, and the core value from 3.6% to 3.4%, putting pressure on the pound and increasing the likelihood of interest rate cuts.

17 Oct. 2024 00:50

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

At 01:50 (GMT+2), September data on Trade Balance will be published in Japan. This indicator captures the difference between the amount of payments for exported and imported goods. Its increase is a positive factor for the Japanese currency. The balance sheet deficit is expected to decrease from ˗695.3 billion yen to ˗237.6 billion yen. If the forecast proves correct, it can support JPY.

What’s next?

I’d like to test my new skills on a demo account without registration

Show me currency charts and real time price moves

I’d like to copy professional traders’ transactions onto my account

I'm ready to open a trading account and make money from Forex

Facebook
X
Instagram
LinkedIn
Youtube
Telegram
MQL5

Live Chat