The main events of Wednesday!

On Wednesday, February 13, the economic calendar is full of data, among which are the RBNZ meeting results and inflation reports in the UK and the USA.

At 01:30 – Westpac consumer sentiment index  (Feb) of Australia will be released, previous value -4.7%.

At 03:00 – the results of the RBNZ will be announced:
– Interest rate decision,  forecast 1.75%, previous value  1.75%.
– RBNZ  monetary policy statement.
– RBNZ rate  statement.

At 04:00 – data for New Zealand will be released:
– Inflation expectations (q/q), previous value  2.0%.
– Press conference of the RBNZ.

At 11:30 – an inflation report in the UK will be published:
– Consumer price index (CPI) (y/y) (January),  forecast 1.9%,  previous value  2.1%.
– Consumer price index (CPI) (m/m) (January), forecast -0.7%,  previous value  0.2%.
– Index of purchasing prices of manufacturers (m/m) (January),  forecast  0.2%,  previous value  -1.0%.

At 12:00 –  industrial production will be released (m/m) (December) in the eurozone,  forecast -0.4%,  previous value -1.7%.

At 15:30 – the US data will be released:
– Core Consumer Price Index (CPI) (m/m) (January), forecast 0.2%, previous value 0.2%.
– Core consumer price index (CPI) (y/y) (January), forecast 2.1%,  previous value  2.2%.
– Consumer price index (CPI) (m/m) (January),  forecast  0.1%, previous value  -0.1%.
– Labor costs (q/q) (Q4),  forecast  1.7%,  previous value  0.9%.

At 17:30 – the US oil invntories will be published:
– Crude oil inventories, previous value  1.263M.
– Cushing (Oklahoma) crude oil inventories,  previous value 1,441M.

At 21:00 –  the US federal budget balance (December) will be released,  forecast  -11.0B,  previous value  -205.0B.

At 21:10 – the speech of the RBNZ Governor Orr will take place.

Hanzenko Anton