Baker Hughes oil rig count. USA, 20:00 (GMT+2) 17 Nov

17Nov.202319:00

Baker Hughes oil rig count. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), data on the number of active oil rigs from Baker Hughes will be published. The weekly report records changes in oil production capacity in the United States. Previously, the number of towers decreased to 494 units, and the continuation of this trend may support oil quotes.

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17 Nov. 2023 14:30

Building permits. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), October data on the number of issued building permits will be published in the United States. The indicator records monthly changes in the number of applications issued by the American government for the construction of real estate and is one of the most important indicators of the construction sector. The value is expected to adjust from 1.471M to 1.450M, putting pressure on the American dollar.

20 Nov. 2023 08:00

Producer price index. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish the October Producer Price Index, which is the main indicator of inflation in the country, reflecting the monthly change in prices for goods and services provided by producers, and has a significant impact on the decisions of regulators in the field of monetary policy. If the indicator continues its negative trend –0.2% MoM and –14.7% YoY, which will put pressure on the euro.

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