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Baker Hughes oil rig count. USA, 20:00 (GMT+2) 31 Jan

31Jan.202519:00

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

At 20:00 (GMT+2), weekly data on the number of active oil rigs from Baker Hughes will be released. If the growth continues from the current 472 units, this will put pressure on oil prices.

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Gross domestic product. Canada, 15:30 (GMT+2)
31 Jan. 2025 14:30
Gross domestic product. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), Canada’s November gross domestic product (GDP) data will be released. It is the main indicator reflecting the state of the national economy and considering domestic consumption, investment, government spending, and exports. It may rise from 0.3% to –0.1% MoM.

Building permits. Australia, 02:30 (GMT+2)
03 Feb. 2025 01:30
Building permits. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Australia will publish December data on the number of building permits issued by the government for real estate construction, one of the most important market indicators. It may decline from –3.6% MoM, from 6.0% YoY, and the same value for private homes falls from –1.7%, putting pressure on the Australian dollar.

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