Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
In terms of volatility risks, this week is relatively calm both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Bank of England (BoE) will release credit conditions survey report on Thursday. FOMC member Bullard set for a speech on Friday.
- Economic data:
U.S. producer price inflation on Tuesday, CPI inflation on Wednesday, and terms of trade on Thursday. China CPI inflation report on Wednesday, trade balance report on Friday. The UK will release manufacturing and Industrial production report on Wednesday. Germany will release CPI inflation report on Friday.
- Earnings:
S&P earnings season kicks of big time this week with several major banks like JPMorgan, Wells Fargo, and Citi set to announce Q1 report this week.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
