According to PANews, U.S. federal government agencies will be closed from December 24 to December 26 due to a holiday. As a result, the U.S. Energy Information Administration (EIA) has postponed the release of this week’s crude oil and natural gas inventory data to 23:30 on December 29 (next Monday) and 01:00 on December 30 (next Tuesday), respectively. Additionally, the initial jobless claims data was released in advance on December 24 at 21:30 due to the Christmas holiday.
U.S. Government Closes for Three Days, EIA Data Delayed Until Next Week
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Summary
U.S. federal agencies will be closed from December 24 to 26, affecting data releases. The EIA has delayed crude oil and natural gas inventory reports to December 29 and 30, respectively. Initial jobless claims data was released early on December 24. Market participants are closely watching the impact on risk-on assets amid ongoing efforts related to Countering the Financing of Terrorism.
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