LOOK AHEAD: Economic Data Calendar 22/06/2025
------------------------------------------------------------------------------- Date GMT/Local...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
OIL: US Crude & Gasoline Stocks Lower
Bloomberg reported that US oil inventories fell 577k barrels last week, while they rose 314k at Cushing, according to people familiar with the API data. There was a gasoline drawdown of 1.2mn but a distillate build of 3.5mn. The official EIA data is out Wednesday.
AUSSIE 3-YEAR TECHS: (U5) Core Rally
- RES 3: 97.190 - High May 5 2023
- RES 2: 96.932 - 76.4% of Mar-Nov ‘23 bear leg
- RES 1: 96.860 - High Apr 07
- PRICE: 96.620 @ 15:42 BST Jul 22
- SUP 1: 95.900 - Low Jan 14
- SUP 2: 95.760 - Low 14 Nov ‘24
- SUP 3: 95.480 - Low Jan 11 2023 and a major support
Aussie 3-yr futures traded strong to start the week, buoyed by a global rally in core bonds. This again challenges resistance at 96.730, the Sep 17 ‘24 high, leaving 96.860 as the next key level. Instead, a continuation lower would strengthen a bearish theme. This would refocus attention on 95.760, the 14 Nov ‘24 low. Conversely, a reversal higher would refocus attention on 96.860, the Apr 7 high.
ASIA: Coming Up In Asia Pac Markets On Wednesday
| 0130BST | 0830HKT | 1030AEST | Westpac Australia June Leading Index |
| 0230BST | 0930HKT | 1130AEST | BoJ Deputy Governor Uchida Speech |
| 0435BST | 1135HKT | 1335AEST | Japan 40yr Bond Sale |
| 0600BST | 1300HKT | 1500AEST | Japan June F Machine Tool Orders |
Source: Bloomberg Finance L.P./MNI
