OPEC monthly report. USA, 13:00 (GMT+2) 14 May

14May.202512:00

OPEC monthly report. USA, 13:00 (GMT+2)

At 13:00 (GMT+2), the monthly report of the Organization of Petroleum Exporting Countries (OPEC) will be presented, which captures the main market trends and publishes a detailed analysis of the main factors affecting global demand, supply and balance of energy resources.

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14 May. 2025 07:00

Consumer Price Index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), German data on the consumer price index for April will be published — the main indicator of the inflation rate in the country, which reflects the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and so on, and has a significant impact on decisions of regulators in the field of monetary policy. If it decreases from 0.3% MoM and from 2.1% YoY, while the harmonized monthly indicator declines from 0.5% and 2.2%, respectively, this may affect the rhetoric of the monetary authorities regarding interest rate adjustments.

14 May. 2025 13:30

Building Permits. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), the data on the number of Building Permits issued in March will be published in Canada. Building Permits reports the change in the number of new building approvals issued by the government and is one of the most important indicators of the construction sector. It is likely to adjust from 2.9% to 1.0%, supporting the quotes of the national currency.

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