Baker Hughes oil rig count. USA, 19:00 (GMT+2) 22 Sep

22Sep.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 records changes in the amount of oil production capacity in the United States. Previously, the number of rigs increased to 515 units, and the continuation of the trend may put pressure on oil quotes.

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22 Sep. 2023 13:30

Retail sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), July data on retail sales will be presented in Canada. The indicator monthly records the volume of all goods sold by retailers based on a sample of stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). The figure is expected to adjust from 0.1% to 0.4% in July, and the core value from –0.8% to 0.5%. The implementation of the forecast may support the Canadian currency.

25 Sep. 2023 09:00

Business expectations. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the September business expectations index in Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. An increase is predicted from 82.6 points to 83.8 points, which, in turn, may support the euro.

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