[macro outlook] focus on the main refinancing rate of the European Central Bank in the euro zone in April

SMM4 March 22: today we focus on the main refinancing rate of the European Central Bank (ECB) in April in the euro zone.

The European Central Bank (ECB) is the main refinancing rate in the euro zone in April, and the ECB achieves its goal of stabilizing prices by setting the benchmark rate, the refinancing rate, every month. The refinancing rate is the interest rate at which commercial banks can borrow money from the central bank. This is a tool for the central bank to implement monetary policy, which is used to affect the liquidity and lending rates in the interbank market, and in turn affect the deposit and lending rates of commercial banks to the public.

The number of people applying for unemployment benefits in the week up to April 17 in the United States is the focus of the investment market. with the substantial increase in the number of unemployed, the financial pressure on the US government has also increased, and it is also a test for the US economy, which is suffering from "double red sickness." it's bad for the dollar.

The euro zone consumer confidence index for April, through the change 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.

The total annualized sales of existing homes in the United States in March was a leading indicator of the health of the economy, as home sales triggered a wide range of effects. For example, new homeowners decorate, financial banks sell mortgage certificates, and intermediary fees