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

03Feb.202501:30

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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Baker Hughes oil rig count. USA, 20:00 (GMT+2)
31 Jan. 2025 19:00
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.

Retail sales. Australia, 02:30 (GMT+2)
03 Feb. 2025 01:30
Retail sales. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Australia will publish December data on retail sales, a key indicator of consumer spending, which has a significant impact on the country’s gross domestic product (GDP). The indicator records the volume of all goods retailers sold, based on samples of stores of different types and sizes. It may grow from 0.8% MoM, supporting the Australian dollar.

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