Will the Fed housing and talks data move the market?

THE cryptocurrency market is closely linked to the American economy. Each economic event in the United States can influence the cryptography market. It is therefore important to closely observe developments on the American market. Here are the main economic events to which the American market will see this week.

Key economic events in the United States this week

The United States celebrates the president’s day today: exchanges to stay closed

The first day of this week, all the main exchanges in the United States, including the Nasdaq and the NYSE, will remain closed, because on February 17 is the day when the country celebrates the birthday of its first American president, George Washington.

According to a declaration published by the securities industry Association of financial marketsmerchant on the main scholarships and American bonds will remain closed today.

Main clues to watch on February 19

The American building permit, which measures the number of new housing permits issued, and housing departures, which follows the real construction of new houses, are the two key clues to publish on Wednesday.

The building permit index went from 1.49 million to 1.48 million in December. The consensus is that it will increase more to 1.45 million. This indicates less economic expansion.

The Housing Start index increased to 1.499 million, compared to 1.29 million in December. The consensus is that it will decrease to 1.39 million. This indicates lower consumption expenditure.

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First -rate events that you should not miss on February 21

The sales index of existing American houses, which calculates the number of houses previously sold, will be published on Friday, February 21. In December, it increased to 4.24 million 4.15 million. The consensus is that it will drop from 4.24 million to 4.17 million. This implies a drop in available income.

Speakers this week: a quick view

The president of the Philadelphia Federal Reserve, Patrick T Harker and Michelle Bowman, member of the Governors of the Federal Reserve, will say their speeches on Monday, February 17.

The governor of the federal reserve Michael Soloman Barr, the president of the Federal Reserve of San Francisco, Mary C Daly, and Christopher J Waller, member of the Council of Governors of the Federal Reserve, will make their speeches on Tuesday, February 18.

The vice-president of the federal reserve Philip Jefferson and the president of the Federal Reserve of St. Louis, Alberto Musalem, will pronounce their speeches on Thursday, February 20.

Adriana Kugler, member of the Federal Reserve Board of Governors, will give her speech on Friday, February 21. It is interesting to note the same day, Barr and Jefferson will deliver their second speeches of the week.

The data indicates that this week will be hectic.