SMM9 March 24: today's focus on 2020 voting Committee, Dallas Federal Reserve Chairman Kaplan attended an online meeting, US Treasury Secretary Nuchin and Federal Reserve Chairman Powell attended the Senate Finance Committee hearing to report on the quarterly implementation of the epidemic Assistance, Relief and Economic Security Act ((CARES Act)).
On the data side, Germany's September IFO business sentiment index is a leading indicator of the health of the economy-companies can respond quickly to market conditions, and changes in their views on the economy may be early signs of future economic activity, such as spending, hiring and investment in the economy.
The number of people applying for unemployment benefits in the week up to September 19 in the United States, as this data is released every week, is the focus of the investment market, and the substantial increase in the number of unemployed will increase the financial pressure on the US government. it is also a test for the US economy, which is suffering from "double red sickness", which is bad for the US dollar.
The total annualized sales of new homes in the United States after the quarterly adjustment in August is a leading indicator of the health of the economy, as home sales trigger a wide range of effects. For example, home buyers buy furniture and electrical appliances, financial banks sell mortgage certificates, and intermediary fees