Building Permits. Canada, 14:30 (GMT+2) 11 Jun

11Jun.202513:30

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

At 14:30 (GMT+2), the data on the number of Building Permits issued in April 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 will probably adjust from –4.1% to 2.2%, supporting the national currency quotes.

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11 Jun. 2025 13:30

Consumer Price Index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the data on the US Consumer Price Index for May will be released. This is the main indicator of the level of inflation in the country, which reflects the change in the level of retail prices for a certain basket of goods and services: food, transportation, utilities, healthcare, etc. It has a significant impact on the decisions of the country's financial regulator regarding adjustments to monetary policy. On a monthly basis, the index may be fixed at around 0.2%, on an annual basis it may grow from 2.3% to 2.5%, and the Core value will be adjusted from 0.2% to 0.3% and from 2.8% to 2.9%, respectively.

11 Jun. 2025 15:30

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 –4.304 million barrels to –2.900 million barrels, which could still support the position of "black gold".

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