• 03:00

    ECB President Lagarde Speech

    In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.

  • 01:00

    Baker Hughes Total Rig Count

    US Total Rigs refer to the number of active US rigs drilling in a given week.

  • 01:00

    Baker Hughes Oil Rig Count

    US Crude Oil Rigs refer to the number of active US rigs drilling for oil in a given week.