KOF leading indicators. Switzerland, 10:00 (GMT+2) 30 Jan

30Jan.202309:00

KOF leading indicators. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the Swiss Economic Institute (KOF) January index of leading economic indicators will be published, which takes into account 12 indicators related to consumer confidence, production, new orders, and the real estate market, and also reflects the development outlook for the next six months. The value is predicted to decline from 92.2 points to 90.5 points, which may pressure the franc.

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27 Jan. 2023 19:00

Baker Hughes oil rig count. USA, 20:00 (GMT+2)

At 20:00 (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. Previously, the number of rigs dropped to 613 units, and the continuation of this trend may support oil quotes.

30 Jan. 2023 11:00

Consumer and Business Confidence Report. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the January report on the assessment of consumer and business confidence in the euro area will be published. The document consists of five studies accepted monthly (industry, services, consumption, retail, construction) and may indicate spending potential in the reporting period. It is expected that the January indicator will drop from 95.8 points to 94.7 points, which may negatively affect the euro's position.

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