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)