Baker Hughes Oil Rig Count. USA, 19:00 (GMT+2) 04 Nov

04Nov.202218:00

Baker Hughes Oil Rig 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 remained at 610 pieces, the continuation of this trend may put pressure on the oil quotes.

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04 Nov. 2022 15:00

Ivey PMI. Canada, 16:00 (GMT+2)

At 16:00 (GMT+2) in Canada, October data on Ivey's business activity index will be collected. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. If the decline in the index continues from the current value of 59.5 points, this may put pressure on the Canadian currency.

07 Nov. 2022 04:00

Trade Balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2), October data on the trade balance will be published in China. This indicator captures the difference between the amount of payments for exported and imported goods. The indicator is expected to grow from 84.74B US dollars to 95.80B US dollars, which may support the yuan quotes.

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