Morning Bid: Hoping Powell sheds light in fog of uncertainty
Jamie McGeever
First Republic seeks new ways to escape unrealized losses
VOLATILE STOCK
Lower mortgage rates boost US home sales in February
Summary Existing home sales jump 14.5% in February Median house price falls 0.2% to $363,000 from year ago Supply increases…
Wall Street ends green on bank bounce as Fed takes focus
Summary Companies Shares of regional, major U.S. banks jump Tesla surges on China sales data Markets bet on 25 bp…
Oil rises 2% in retreat from 15-mth low as banking fears subside
Summary Companies U.S. Fed begins two-day meeting on Tuesday Oil prices will move higher towards year end -Gunvor CEO U.S.…
Gold dips 2% as banking fears recede in run-up to Fed decision
Summary Companies Fed statement due at 1800 GMT on Wednesday Market seeing heavy profit taking – analyst SPDR Gold Trust…
