Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts

27 March 2023

Financial News And Events To Expect This Week

1. The Federal Reserve is expected to raise interest rates by a quarter point on Wednesday, March 29th. However, it must also reassure markets that it can stem a worse banking crisis [3]. 2. We'll receive the latest updates on home prices with the Case-Shiller National Home Price Index and the FHFA House Price Index (HPI) for January [2]. 3. Some S&P 500 companies reported earnings this week, and two of them beat consensus EPS expectations [8]. 4. Market indices look to give back their gains made earlier in the week [4]. 5. It was reported that nearly $100 billion in deposits were pulled from banks, but officials call the system "sound and resilient" [1]. 6. Overall, it's a mixed week for financial news with updates on home prices, earnings reports, and interest rates. However, the banking system is said to be sound and resilient despite the pullback of deposits from banks.