The main events of Wednesday!

On Wednesday, September 12, the economic calendar is full of statistics, but the main event of the day will be the publication of data on production in the US and oil inventories in the US.

At 02:50 – BSI index of the business conditions of major producers (Q3 ) in Japan, forecast  8.0,  previous value -3.2.

At 03:30 – Westpac index of consumer sentiment  (Sep) in Australia,  previous value -2.3%.

At 12:00 – volume of industrial production (m / m) (July) in Eurozone, forecast -0.5%,  previous value  -0.7%.

At 14:20 – the monthly OPEC report will be published.

At 15:30 –  data on production in the US:
–  Core producer price index (PPI) (m / m) (Aug), forecast 0.2%, previous value 0.1%.
– Producer Price Index (PPI) (m / m) (Aug), forecast  0.2%, previous value  0.0%.

At 17:30 –  data on oil inventories in the US:
– Crude oil inventories, forecast -0.750M,  previous value  -4.302M.
– Cushing, Oklahoma, Crude oil inventories, previous value  0.549M.

At 21:00 – “Beige Book” of the Fed will be published.

Hanzenko Anton