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Industrial production. Japan, 01:50 (GMT+2) 31 Jul

31Jul.202300:50

Industrial production. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan will publish June industrial production data. The calculation of the indicator considers the manufacturing and mining industries, as well as the electric power industry. If in June the value rises from the current –2.2%, it may support the yen.

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Baker Hughes oil rig count. USA, 19:00 (GMT+2)
28 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. The last time the number of towers dropped to 530 pieces, and the continuation of this trend may support the oil quotes.

Gross domestic product. EU, 12:00 (GMT+2)
31 Jul. 2023 11:00
Gross domestic product. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), Q2 EU gross domestic product (GDP) will be published, which is the main indicator that reflects the state of the national economy and considers domestic consumption, investment, government spending, and exports. If the negative dynamics accelerates from the current –0.1% QoQ and falls from 1.0% YoY, it may put pressure on the euro.

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