Retail Sales. China, 04:00 (GMT+2) 15 Aug

15Aug.202203:00

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

Chinese Retail Sales data for July are due at 04:00 (GMT+2). Retail Sales indicator monthly measures the change in the total value of sales at the retail level, based on a sample of retail stores of different types and sizes. It is the primary indicator of consumer spending, which influences the GDP. The indicator is expected to grow from 3.1% to 5.0%.

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12 Aug. 2022 18:00

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. The last time the number of drilling rigs fell to 598 units, and the continuation of this trend may support the quotes of "black gold".

15 Aug. 2022 03:00

Industrial Production. China, 04:00 (GMT+2)

At 04:00 (GMT+2), July data on industrial production will be published in China, which will reflect the change in the volume of output of industrial goods and utilities in the country. The indicator takes into account the manufacturing and mining industries, as well as the power industry. A correction of the value is expected on an annualized basis from 3.9% to 4.5%, which may have a positive impact on the yuan's positions.

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