Powell, Yellen Testify; AstraZeneca’s Vaccine, Housing Data - What's up in Markets

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📚 Daily Digest  |  Tuesday, Mar 23, 2021

Powell, Yellen Testify; AstraZeneca's Vaccine, Housing Data - What's up in Markets

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Testimony from both Fed chief Jerome Powell and Treasury Secretary Janet Yellen to Congress is set to be the main focus of the markets Tuesday. Ahead of this, rising Covid-19 cases in Europe, resulting in Germany extending its mobility restrictions, are putting pressure on oil prices and equities. Turkish markets remain volatile after President Erdogan's axing of the central bank governor for being too hawkish, while doubts about AstraZeneca's vaccine reemerge. U.S. housing data are due for release, while U.K. employment data surprised on the upside. Here's what you need to know in financial markets on Tuesday, March 23rd.

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Stock Market AstraZeneca, ViacomCBS Fall Premarket; GameStop Edges Higher By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, March 23rd. Please refresh for updates. AstraZeneca (NASDAQ:AZN) ADR fell 2.2% after a U.S. health... Economy U.S. 10-Year Yield Drifts Lower After Fed's Kaplan Says 2% in Sight By Dhirendra Tripathi Investing.com – The yields on U.S. Treasury bonds moved lower on Tuesday despite comments from Dallas Federal Reserve Bank President Robert Kaplan that he... Technology Uber's transit service mainly used in lower-income U.S. city outskirts, company data shows By Tina Bellon (Reuters) - As U.S. transit ridership plunged during the pandemic and cities reduced service, lower-income residents living in city outskirts made up the majority... Stock Market Apple card, underwriter Goldman Sachs committed no fair lending violations NEW YORK (Reuters) - New York's Department of Financial Services on Tuesday said it concluded its investigation into Apple (NASDAQ:AAPL)'s credit card and its underwriter Goldman... Commodities Exclusive: 'Busy on other fronts' - White House without Trump stays quiet on OPEC By Alex Lawler and Timothy Gardner LONDON/WASHINGTON (Reuters) - When oil prices surged during Donald Trump's term in the White House, OPEC and its allies had to brace for a... Read More News »

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