Headlines the Economic Calendar on Wednesday

1. Eurozone Industrial Production

The EU Industrial Production for March will be closely followed by traders. Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. The data is estimated to see an outcome of 0.7%.

2. U.S. Consumer Price Index (CPI)

We will closely watch the CPI inflation figures today. Consumer prices are expected to have risen 0.2% last month and 3.6% over the prior year, according to estimates. Excluding the cost of food and fuel, core inflation is projected to be 2.3% on a year-over-year basis.

3. US Crude Oil Inventories

Crude oil stocks today to be published in the U.S and it is expected to fall by -2.817M this week. If we look at last week data; oil stocks declined by -7.990M barrels. It will be important for oil prices. 

12 May 21 (Wed)

06:47 am