EIA Crude Oil Inventories. USA, 16:30 (GMT+2) 04 Jun

04Jun.202515:30

EIA Crude Oil Inventories. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the US Energy Information Administration (EIA) will publish a weekly Crude Oil Inventories report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the United States. A correction is expected from the current –2.795 million barrels to 1.000 million barrels, which will likely put pressure on the positions of "black gold".

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04 Jun. 2025 14:45

Interest Rate Decision. Canada, 15:45 (GMT+2)

At 15:45 (GMT+2), the Bank of Canada will announce its decision on the interest rate. The regulator is expected to reduce the rate from 2.75% to 2.50%. The follow-up statement may contain an assessment of the current situation and near-term prospects for the Canadian economy, as well as hints on further actions by the financial authorities.

04 Jun. 2025 19:00

Publication of the US Fed's Beige Book Report. USA, 20:00 (GMT+2)

At 20:00 (GMT+2) the US Federal Reserve System will publish its economic report, the so-called Beige Book. It characterizes the state of the economy in the twelve federal districts of the country and contains information on all types of industry, agriculture, corporate and consumer spending, the real estate market and other indicators at the moment. The report is published eight times a year ahead of scheduled meetings of the Federal Open Market Committee (FOMC).

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