Baker Hughes Oil Rig Count. USA, 19:00 (GMT+2) 13 May

13May.202218:00

Baker Hughes Oil Rig Count. USA, 19:00 (GMT+2)

Baker Hughes Oil Rig Count data are due at 19:00 (GMT+2) in the US. The weekly report records a change in the amount of oil rigs in the United States. Since the beginning of this year, the indicator has an upward trend. The last time the number of oil rigs increased to 557. If this trend persists, it may put pressure on oil prices.

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13 May. 2022 15:00

Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the USA, May data on changes in Michigan Consumer Sentiment Index will be published. The indicator is calculated monthly based on a telephone survey of at least 500 US households and captures consumer spending that is part of economic activity. It is expected that the value will decrease from 65.2 to 64.0 points.

16 May. 2022 03:00

Retail Sales. China, 04:00 (GMT+2)

Chinese Retail Sales data for April are due at 04:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the GDP. It is expected that the indicator will continue to decline, this time from -3.5% to -6.0%.

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