Existing home sales. USA, 16:00 (GMT+2) 23 Oct

23Oct.202415:00

Existing home sales. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the US data on existing home sales for September will be released. This reflects the number of existing homes that were sold during the past month and is one of the most important indicators of the construction market. The indicator may increase from 3.86M to 3.88M homes, supporting the American dollar.

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22 Oct. 2024 21:30

API Weekly Crude Oil Stock. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), the weekly report on the number of reserves from the American Petroleum Institute (API) will be published. In addition to the oil data, the most important in the report, it also contains information on gasoline and distillate stocks in the United States. Traditionally, their reduction leads to the increase of quotes, and growth – to the fall of prices. The last time they declined by 1.580 million barrels. The continuation of the trend may give additional support to oil quotes.

23 Oct. 2024 15:00

Consumer confidence. EU, 16:00 (GMT+2)

At 16:00 (GMT+2), preliminary data on the EU consumer confidence for October is due. The indicator is based on a survey of 2.3K households assessing the prospects for the economy. It is a leading indicator for consumer spending. High readings indicate consumer optimism and vice versa. The index may rise from –12.9 points to –12.0 points, remaining in the negative zone, putting pressure on the euro.

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