Economic calendar: Oil inventories and US trade balance in focus 🔎

Today’s macroeconomic calendar is relatively light. In fact, the only notable releases on today’s agenda are the IFO index from Germany, the US trade balance, and US crude oil inventory changes according to the EIA.

The first two releases are unlikely to have a significant market impact. However, in the current environment — with the ongoing conflict in the Middle East — the data from the Energy Information Administration (EIA) on oil inventory changes could prove particularly relevant.

Wednesday, March 25

09:00 AM GMT — Germany IFO index
12:30 PM GMT — US trade balance
02:30 PM GMT — US EIA crude oil inventories

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