Producer price index. Germany, 09:00 (GMT+2) 20 Nov

20Nov.202308:00

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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17 Nov. 2023 19:00

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.

20 Nov. 2023 19:45

Speech by Bank of England Governor Andrew Bailey. UK, 20:45 (GMT+2)

At 20:45 (GMT+2), the head of the Bank of England, Andrew Bailey, will give a speech, in which investors hope to hear comments on the steps already taken in the field of monetary policy aimed at slowing the rate of record inflation, as well as forecasts for the development of the national economy in the context of global instability.

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