Last week’s major market-moving news came from the Fed Open Market Committee and several measures of housing’s health. This week, we begin to see how the Dodd-Frank financial services reform bill will play out inside the Beltway, including the premiere of the Financial Stability Oversight Council at the business week’s end, and high-profile appearances before a Senate panel on Thursday by Ben Bernanke and Mary Schapiro. Here are the scheduled developments for this last week of September that will likely move the markets and cast light on the state of the economy.
The week begins slowly, though the Wall Street Journal reports that one of the largest emerging-markets asset managers, South Korea-based Mirae Asset Global Investments, will launch six new EM mutual funds in the U.S. on Monday, Sept. 27.
The first major economic news arrives Tuesday, Sept. 28, with the release of the S&P Case/Shiller home price index for July, along with the Conference Board’s Consumer confidence sounding for September. The Senate Judiciary Committee is slated to hold a hearing exploring ways of combating corporate fraud and corruption.