Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 19 April 01:27 (GMT -05:00)



Stock and commodities markets

Economic Calendar by Dukascopy 14.02.2017


Tuesday brings plenty of high importance news releases, so let's take a closer look with the Economic Calendar.
The closely watched preliminary reading of German fourth quarter GDP is up first at 7. The third quarter data surprised on the downside, posting the weakest growth in 2 years.
The final version of German January CPI is out at the same time. The preliminary estimate suggests consumer prices have declined on a monthly basis, and this figure could be confirmed.
Swiss Consumer Price Index for January follows at 8:15. The Index has been trending lower for the past 2 months.
The high importance UK January CPI comes at 9:30. The annual inflation surged to a 2-year high in December on the back of higher food, air fares and fuel prices.
The highly anticipated second reading of Euro Zone fourth quarter GDP will be available at 10. The initial estimate suggests the European economy picked up speed at the end of the year, following a point 3% growth a quarter ago.
Another closely watched release is out at the same time, and it's the German ZEW Economic Sentiment. The Index grew by 2.8 points in December, reflecting improved conditions across Europe.
And Euro Zone Industrial Production for December comes at the same time. Output grew much more than anticipated in November as non-durable consumer goods, intermediate goods and energy all went up.
US Producer Price Index for January follows at 1:30 PM GMT. Growing fuel prices pushed the Index higher in December, following no change the previous month.
Federal Reserve Chair Janet Yellen will be giving a closely watched speech at 3, testifying on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC. This is her first public appearance during the Trump administration.
And Australian Westpac Consumer Confidence for February concludes the schedule at 11:30. The Index inched higher in December, posting the first growth in 3 months.
I'm Kiays Khalil and this was the Economic Calendar for Tuesday, the 14th of February. Check back in for the next overview of news releases for Wednesday.

 

 

 Video made by Dukascopy specialists

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Russian Oil Production Is About To Peak and Start Declining in the Near Future

According to Finanz, with reference to the International Energy Agency, Russia has been benefitting from its oil production and export for decades. However, this is about to change in the future since the Russian oil industry is about to see its production peak, which means it will inevitably start going down further down the road.

Publication date: 16 April 05:31 AM

US-China Trade War Drops Oil Prices

The trade war between the United States and China is underway. Yet, it has already led to some consequences. For example, international experts say that this war has been the reason for the current weakness of the global market of cryptocurrencies. At the same times, Finanz experts claim that this trade war has dropped oil prices.

Publication date: 06 April 01:09 PM

USA Almost Doubles Oil Export in 2017

In 2017, the United States’ oil export reached 1,1 million barrels on average, which is almost twice as much as exported in 2016. These figures are confirmed by the EIA.

Publication date: 30 March 12:49 AM

OPEC+ Conditions May Get Tougher

The participants of the OPEC+ deal have recently discussed the efficiency of the deal. Having discussed the results, they decided to change a range of criteria. To do so, they may well have to extend the OPEC+ deal, Bloomberg reports.

Publication date: 28 March 08:46 AM

Что будет с золотом в марте?

What should we expect in the global market of gold in March? Some experts decided to share their forecast.

Publication date: 21 March 03:38 AM

OPEC and Russia Created a Dangerous Rival

Russian oil expert Ivan Priobrazhenskiy has commented on the negative outcome of curbing oil production (the OPEC+ deal). He claims that while trying to create an artificial deficit in the global oil market, the OPEC+ deal participants actually did American shale oil producers a huge favor. The thing is that American shale oil companies have been boosting their production over the last year or so, and they can take the United States to the status of the world’s biggest oil producer. They have already outpaced Saudi Arabia and are close to outpacing Russia, which is currently number one in the world in terms of crude oil production.

Publication date: 06 March 07:46 AM

Is crude oil really expensive today?

Oil expert Sergei Shelin decided to share with us his thoughts on the processes currently going on in the global oil market. In particular he thinks that crude oil has been struggling to consolidate around 70 dollars per barrel but the thing is that even the world's biggest oil producers and exporters don't believe in high oil prices in the future.


Publication date: 01 February 10:38 AM

Three Big Questions Related to Oil Prices

Oil prices has been continuously moving up and down over the last few decades, and this is something that keeps worrying millions of traders of investors all over the world. The most difficult thing is to figure out why exactly crude oil prices reach a certain level at any given point, especially these days. 

Publication date: 30 January 02:12 AM

Cryptocurrencies Won't Help Dictators Get Around Sanctions

According to Bloomberg, all the attempts made by authoritarian governments and dictators to get around Western sanction are vain. 

Publication date: 23 January 05:44 AM

U.S. DoE Predicts Oil Market Oversupply over the Next 2 Year

The United States Department of Energy doesn't believe in the OPEC+ deal and expects excessive supply in the global market over the next 2 years. In particular, the January short-term report released by the DoE confirms that. They say this is going to be long-term oversupply. 

Publication date: 16 January 11:46 AM