Crude oil inventories. USA, 15:30 (GMT+2) 12 Mar

12Mar.202514:30

Crude oil inventories. USA, 15:30 (GMT+2)

At 15:30 (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 the current 3.614M barrels to 0.600M barrels, support oil quotes.

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12 Mar. 2025 13:30

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

At 14:30 (GMT+2), the US will publish February data on the consumer price index. It is the main indicator of inflation in the country, which reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, and so on. It has a significant impact on the decisions of the country’s financial regulator on monetary policy. It may decrease from 0.5% to 0.3% MoM and from 3.0% to 2.9% YoY, and the core value from 0.4% to 0.3% MoM and 3.3% to 3.2% YoY.

12 Mar. 2025 14:45

Interest rate decision. Canada, 15:45 (GMT+2)

At 15:45 (GMT+2), the Bank of Canada will announce its interest rate decision. It may follow that the regulator will adjust the value from 3.00% to 2.75%. The accompanying statement may contain an assessment of the current situation and near-term prospects for the Canadian economy, as well as hints at further actions of the financial authorities.

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