Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2) 11 Aug

11Aug.202315:00

Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, August data on changes in Michigan Consumer Sentiment Index will be published. The indicator is calculated monthly based on a telephone survey of at least 500 US households and captures consumer spending that is part of economic activity. It is expected that the value will decrease from 71.6 points to 71.0 points.

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11 Aug. 2023 13:30

Producer Price Index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2) the July data on Producer Price Index will be published in the US. It is one of the main indicators of inflation in the country and fixes the change in prices for goods and services sold by manufacturers. It also shows the change in the cost of their production. On a monthly basis, the index is expected to correct from 0.1% to 0.2%, and on an annualized basis from 0.1% to 0.7%, while the Core monthly value will rise from 0.1% to 0.2%, and the annual rate will decrease from 2.4% to 2.3%.

11 Aug. 2023 18:00

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

Baker Hughes Oil Rig Count data are due at 19:00 (GMT+2) in the US. The weekly report records a change in the amount of oil rigs in the United States. The last time the number of drilling rigs fell to 525 units, and the continuation of this trend may support the quotes of "black gold".

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