[macro outlook] focus on the sales data of existing homes in the United States in August and the consumer confidence index in the euro zone in September.

Published: Sep 22, 2020 06:47

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SMM9 March 22: today, Bank of England Governor Pele made a speech at the British Chamber of Commerce's online meeting. According to the data, the total annualized sales of existing homes in the United States in August and the consumer confidence index in the euro zone in September.

In terms of data, the total annualized number of existing home sales in the United States in August (10,000 households) is a leading indicator of economic health, which has been widely affected by home sales. For example, new homeowners decorate, financial banks sell mortgage certificates, and intermediary fees.

The euro zone consumer confidence index for September, through changes in the economic climate index, can reflect the expectations of consumers and business owners for the future economy and consumption, which is a leading indicator and can predict the future economic direction.

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