Heroes of Ukraine

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

Tuesday, 19 June 00:10 (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 »
 

Saudi Arabia Raises Oil Prices for Asian and European Buyers

Saudi Arabia is reported to have raised oil prices for Asian and European importers. This is confirmed by Bloomberg.

Publication date: 09 June 10:26 PM

Market Players Play Oil Price Guessing Games

The international market of crude oil seems to be in panic. Yet, the panic is snowballing. The reason for that is said to be the statement made by Russian Energy Minister Alexander Novak about the possibility of easing the OPEC+ deal in June 2018, which came as a surprise to the international trading community.

 
Publication date: 29 May 01:41 PM

USA Outpaces Russia to Become World’s Biggest Oil Producer

In March 2018, the United States outpaced Russia in terms of oil production. This means that the USA is now the biggest producer of crude oil in the world.

Publication date: 24 May 11:26 AM

Crude Oil Goes Above $80/b, Morgan Stanley Improves Oil Forecast

On Thursday, May 17th, Brent oil exceeded $80/b for the first time in 3,5 years. The last time the price reached this level was on November 25th, 2014.

Publication date: 17 May 11:20 AM

Oil Prices At $79/b, Russian Ruble Still Weak. Why?

On Tuesday, May 15th, Brent oil reached $79/b. Strange as it may seem, the Russian Ruble hasn’t reacted to this so far, even though this always has been a positive sign for Russia’s national economy and currency heavily reliant on crude oil prices. Moreover, the currency has been going slightly down for a while despite being backed by higher oil prices.

Publication date: 15 May 01:19 PM

Russia Isn’t Interested In OPEC+ Anymore

Right in advanced of the forthcoming OPEC+ summit some experts doubt that Russia is still interested in the agreement. The strategic objectives of the OPEC+ deal are almost reached. The imbalance in the global oil market has almost been eliminated. The cost of a barrel of Brent oil has increased by more than 100% since late 2016. At this point Brent oil is trading above 70 dollars per barrel. On Q1 2018, the OPEC made 400 million dollars a day more than 12 months before.

Publication date: 28 April 07:57 AM

Who Loses and Wins from Oil Prices At $70/b?

High oil prices have two sides of one coin. On the one hand, while oil producers are  benefiting from today’s oil prices over $70/b, this seems to be  creating an extra pain for oil consumers worldwide. What exactly has been happening to oil-producing economies?

Publication date: 28 April 06:10 AM

American Oil Export to Europe Quadruples Thanks to OPEC+

As predicted by many experts, the OPEC+ agreement has been favoring American shale oil producers. The export of American oil to Europe has quadrupled. The thing is that the agreement between the OPEC and Russia-led non-OPEC oil producers pushed oil prices high enough to make American shale oil production profitable again.

Publication date: 26 April 05:26 AM

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