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Finance Footnotes is a quick guide of news and events to watch out for in the world of finance this week.
If you have investments or real estate, or if you trade stocks or currencies, these are some events and items to keep an eye on that could affect your money.
Here is the top finance news and events for the week of March 25 – 29, 2024.
Monday, March 25
- U.S. New Home Sales – 10 a.m.: The number of homes sold in the past month. A small glimpse into trends in the housing market.
Tuesday, March 26
- U.S. CB Consumer Confidence – 10 a.m.: The Conference Board releases the results of a survey ranking the overall sentiment towards economic conditions. A ground level indicator of overall financial health.
- Mega Millions lottery draw – 11 p.m.: The jackpot for Tuesday’s Mega Millions lottery in the U.S. is an estimated $1.1 billion US.
Thursday, March 28
- U.S. & Canadian GDP – 8:30 a.m.: Gross Domestic Product, month over month. A very “high level” indication of a country’s financial health.
- U.S. Pending Home Sales – 10 a.m.: This is a leading indicator of the housing market and tends to have an echoing effect on other sectors, such as money spent on home renovations and bank financing.
Friday, March 29
- Good Friday (stat holiday): Canadian and American stock exchanges and most financial institutions are closed.
- U.S. Core PCE Price Index – 8:30 a.m.: The Personal Consumption Expenditures data is a clear picture into inflationary trends, month over month. This also lends insight into consumer spending trends.
- U.S. Federal Reserve Chair Speech – 11:30 a.m.: Reserve Chair Jerome Powell is set to participate in a panel discussion at a conference in San Francisco. Often speeches by high level politicians and central bank members can give clues toward future policy decisions and current sentiment.
This post is for informational purposes only and is not financial advice. All times indicated are in Eastern Time (ET).
Check out last week’s Finance Footnotes to see what you missed.
