... policy. High values may strengthen expectations of further monetary policy tightening. Canada: Central Bank Rate Decision (17:45 MSK) Discussion of Canada's economic prospects and inflation. Rate changes may affect the Canadian dollar exchange rate. EIA US Oil Inventory Data (18:30 MSK) The official report on oil and petroleum product inventories often causes high volatility in the oil market. Russia: Consumer Price Index (November) (19:00 MSK) Inflation data will provide insight into the Bank of Russia's monetary policy prospects and ruble dynamics. Brazil: Central Bank Rate Decision ...

... particularly in the services sector. Investors will compare these figures with similar PMIs from other countries to gauge the resilience of demand in the North American service sector and its potential impact on the Bank of Canada's monetary policy. U.S. Oil Inventories (EIA Report) 17:30 (MSK) – The U.S. Department of Energy will release its weekly report from the Energy Information Administration (EIA) on commercial oil and petroleum product inventories. This indicator is closely monitored by commodity market traders....

... Changes in Germany's PPI can affect the euro's exchange rate against the dollar, influencing U.S. exports and imports. Additionally, multinational corporations with operations in Europe may experience cost fluctuations impacting their profitability. U.S. EIA Crude Oil Inventory Report (18:30 GMT) The Energy Information Administration's report on crude oil inventories will provide insights into supply levels and potential price movements in the energy sector. Impact on Europe: Fluctuations in U.S. crude oil inventories can influence global oil prices, affecting energy costs for European industries and consumers....

... the manufacturing sector, which may influence the dollar and Fed rate expectations. Wednesday, November 13 UK — Consumer Price Index (CPI, October) Eurozone — Industrial Production (September) U.S. — Consumer Price Index (CPI, October) U.S. — EIA Crude Oil Inventories Russia — Preliminary Q3 GDP Data Forecasted growth of 4.1% compared to previous 2.4%. Russia — October Inflation Data Previous rate: 8.6% (YoY). Key Points to Watch: Inflation data from the UK and the U.S. will offer insights into potential ...

... has yet to reveal cards – this has kept the market from premature movements. Oil Market: API Report on US Inventories Late in the evening, at 23:30 MSK, as usual on Tuesdays, the American Petroleum Institute (API) report on oil and petroleum product inventories in the US will be released. While this data does not constitute official government statistics (official figures are published by the EIA on Wednesdays), oil traders closely monitor the API as it provides an early signal. This time, the attention to the API report is heightened: last week, a record rise in commercial crude oil inventories was recorded – according to the API, inventories ...