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Baker Hughes Oil Rig Count. USA, 19:00 (GMT+2) 16 May

16May.202518:00

Baker Hughes Oil Rig Count. USA, 19:00 (GMT+2)

At 19:00 (GMT+2), weekly Baker Hughes Oil Rig Count data are due in the USA. If the decline continues from the current 474 units, this will support energy prices.

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Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2)
16 May. 2025 15:00
Michigan Consumer Sentiment Index. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), May data on changes in Michigan Consumer Sentiment Index will be published in the USA. The indicator is calculated monthly based on a telephone survey of at least 500 US households and captures consumer spending that is part of economic activity. The value is likely to rise from 52.2 points to 53.0 points, supporting the dollar's position.

Industrial production. China, 04:00 (GMT+2)
19 May. 2025 03:00
Industrial production. China, 04:00 (GMT+2)

At 04:00 (GMT+2), China will release industrial production data for April, which will reflect changes in the country’s output of goods and utilities. The indicator considers the manufacturing and mining industries, as well as the electric power industry. It may grow from 6.5% YoY, supporting the yuan.

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