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American Petroleum Institute (API) Weekly Crude Oil Stock. USA, 23:30 (GMT+2) 31 Dec

31Dec.202422:30

American Petroleum Institute (API) Weekly Crude Oil Stock. USA, 23:30 (GMT+2)

A weekly report on the volume of oil, petrol and distillates reserves in the USA from American Petroleum Institute (API) is due at 23:30 (GMT+2). The last time statistics recorded a correction to –4.700 million barrels from 0.499 million barrels of crude "black gold", and the continuation of this trend could support energy quotes.

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Manufacturing PMI. China, 03:30 (GMT+2)
31 Dec. 2024 02:30
Manufacturing PMI. China, 03:30 (GMT+2)

Data on Manufacturing PMI for December in China will be published at 03:30 (GMT+2). The indicator is compiled from the enterprises’ responses about their purchasing activities and supply situations. At the same time, the attitude of purchasing managers to the current economic situation and prospects for its further development is evaluated. The value is expected to be fixed at 50.3 points, while the same indicator for the Non-Manufacturing sector is likely to increase from 50.0 points to 50.4 points.

Caixin manufacturing PMI. China, 03:45 (GMT+2)
02 Jan. 2025 02:45
Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish the Caixin Manufacturing PMI for December. The indicator reflects the state of business activity in the national manufacturing industry based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for further development are assessed. It may decrease from 51.5 points to 51.7 points, supporting the yuan.

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