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IFO business climate. Germany, 11:00 (GMT+2) 23 Feb

23Feb.202410:00

IFO business climate. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the February index of the German business climate from the Institute for Economic Research (IFO), based on a survey of managers of 7.0K enterprises in the manufacturing industry, construction sector, wholesale and retail trade, will be published. The value is expected to increase from 85.2 points to 85.5 points, supporting the euro.

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Business expectations. Germany, 11:00 (GMT+2)
23 Feb. 2024 10:00
Business expectations. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the February index of business expectations 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 the current 83.5 points to 83.8 points, supporting the euro.

Baker Hughes oil rig count. USA, 20:00 (GMT+2)
23 Feb. 2024 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 the amount of oil production capacity in the United States. The last time the number of towers rose to 621, putting pressure on oil prices.

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