Main events of Wednesday!

On Wednesday, June 13, the calendar is full of important inflation statistics in the UK and the US, but the main market  focus will be on the results of the meeting of the US Federal Reserve and the subsequent press conference.

At 03:30 – the index of consumer sentiment in Australia from Westpac, previous value  -0,6%.

At 10:15 –  the producer price index (PPI) of Switzerland (m / m), previous value  0.4%.

At 11:00  –  the monthly report of the International Energy Agency for the oil market.

At 11:30 – data on inflation in the UK:
– Consumer Price Index (CPI) in the UK (m / m), forecast 0.4%,  previous value  0.4%.
– Consumer Price Index (CPI) in the UK (y / y), forecast 2.5%,  previous value  2.4%.
– Purchasing Producer Price Index in the UK (m / m), previous value  0.4%.

At 12:00 –  the volume of industrial production of the euro area (m / m), forecast 0.7%,  previous value  0.5%.

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

At 17:30 –  the volume of oil reserves in the US:
– Crude oil reserves in the US, forecast -1.824M,  previous value  2.072M.
– Data on excess oil reserves in Cushing (Oklahoma, USA),  previous value -0.955M.

At 21:00 – the decision on the interest rate of the US Federal Reserve, the forecast of 2.00%, the previous value of 1.75%.

Hanzenko Anton