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Wednesday preview: Federal Reserve rate announcement in focus
All eyes on Wednesday will be on the US Federal Reserve as policymakers meet for a second day to decide on policy.
Europe close: Stocks extend bounce
European shares extended their rebound from the turmoil of recent days after the rescue of Credit Suisse, with investors now focused on how the US and UK central banks will respond with interest rate decisions this week.
US existing home sales jump in February, prices dip
Second-hand home selling activity in the US jumped last month by the most since July 2020 amid a dip in prices.
First Republic bounces back amid talks led by JP Morgan's Dimon for new rescue plan
Shares of First Republic Bank were bouncing back following reports that US bank chiefs were in discussions over a new rescue plan to stabilise the lender.
Washington ready to act if necessary, deposit outflows have stabilised, Yellen says
The Secretary of the Treasury of the United States was set to tell a banking industry group that Washington would provide additional support if needed but that deposit outflows had stabilised.