Bank Jitters Ease as Markets Rally on Lower Bond Yields.

The European Central Bank's interest rate decision is being closely watched as a possible preview to the Federal Reserve's decision next week. The banking industry remains in turmoil, with Credit Suisse borrowing up to $54 billion from Switzerland's central bank. Despite volatility easing slightly this morning, it's important to monitor financial market and banking headlines. Housing data looked surprisingly strong, with February housing starts and building permits exceeding analysts' expectations. The Federal Reserve's rate-hiking cycle may pause or even be near its end due to banking industry concerns and weak economic data. The University of Michigan reports preliminary March Consumer Sentiment tomorrow morning.