The main events of Wednesday!

On Wednesday, August 29, market attention will be focused on preliminary data on US GDP and data on oil inventories in the US.

At 04:30 – Bank of Japan Board member Mr. Suzuki speech .

At 09:00 –  Gfk consumer climate index of Germany (Sept), forecast 10.6,  previous value 10.6.

At 15:30 – data on US GDP:
– GDP (q/q) (Q2), forecast 4.0%,  previous value 4.1%.
– GDP deflator (q/q) (Q2),  forecast 3.0%,  previous value  3.2%.

Also at 15:30 – current account of Canada (Q2), forecast -15.2B,  previous value -19.5B.

At 17:00 – pending home sales index (m / m) (July), forecast 0.3%,  previous value 0.9%.

At 17:30 – data on oil inventories in the US:
– Crude oil inventories, forecast -0.522M,  previous value -5.836M.
– Cushing, Oklahoma crude oil inventories, previous value  0.772M.

Hanzenko Anton