Baker Hughes oil rig count. USA, 19:00 (GMT+2) 07 Jul

07Jul.202318:00

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 oil production capacities in the US. The last time the number of rigs dropped to 545 units and the continuation of this trend may support oil quotes.

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07 Jul. 2023 13:30

Unemployment rate. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), June unemployment data will be published in Canada. This indicator consolidates the percentage ratio of unemployed citizens over 18 years to the total working-age population, counting only registered unemployed. The indicator may grow from 5.2% to 5.3%.

10 Jul. 2023 02:30

Consumer price index. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will release June data on the consumer price index. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain "basket" of goods and services (food, transport, utilities, healthcare, and so on). It has a significant influence on the decisions of the national financial regulator on monetary policy. It is expected that the indicator will correct from 0.2% to 0.3% YoY and from –0.2% to –0.1% MoM.

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