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Unemployment rate. China, 04:00 (GMT+2) 17 Jul

17Jul.202303:00

Unemployment rate. China, 04:00 (GMT+2)

At 04:00 (GMT+2), China will publish June unemployment data. The indicator captures the percentage of unemployed over 18 years to the total working-age population, counting only registered citizens. It is expected that the indicator will remain at 5.2%.

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Baker Hughes oil rig count. USA, 19:00 (GMT+2)
14 Jul. 2023 18:00
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. Previously, the number of towers dropped to 540 units, and the continuation of the trend may support oil quotes.

Industrial production. China, 04:00 (GMT+2)
17 Jul. 2023 03:00
Industrial production. China, 04:00 (GMT+2)

At 04:00 (GMT+2) in China, the June data on industrial production will be published, which will reflect the change in the volume of output of goods and utilities in the country. The calculation of the indicator considers the manufacturing and mining industries, as well as the electric power industry. The indicator is likely to grow from 3.5% to 3.8% YoY, which, in turn, may have a positive impact on the yuan.

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