Baker Hughes Oil Rigs Count. USA, 19:00 (GMT+2) 26 Aug

26Aug.202218:00

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

At 19:00 (GMT+2), data on the number of active oil rigs from Baker Hughes will be published. The weekly report captures the change in the number of oil production capacities in the US. The last time the number of towers rose to 601 units, the continuation of this trend may put pressure on the oil quotes.

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26 Aug. 2022 15:00

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

At 16:00 (GMT+2) in the US, August data on changes in the consumer confidence index from the University of Michigan 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. The value is expected to correct slightly from 55.1 points to 55.2 points.

29 Aug. 2022 02:30

Retail Sales. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, July data on retail sales will be released. The indicator captures the volume of all goods sold by retailers based on a sample of stores of different types and sizes. It is an important indicator of consumer spending and significantly impacts the gross domestic product. It is expected that the value will increase from the current 0.2% to 0.3% MoM, which may positively affect the dynamics of the Australian dollar.

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