BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
In terms of volatility risks, this week is quite heavy especially in terms of events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) governor Poloz is set for a speech on Thursday.
- Economic data:
Australia’s GDP report on Wednesday. Japan’s GDP on Thursday. China’s forex Reserve data on Thursday, and trade balance report on Friday. Canada unemployment report on Friday
- Geopolitics:
U.S. President Donald Trump will meet with Japanese Prime Minister Shinzo Abe on Thursday ahead of his meeting with Kim on June 12th. G7 meeting on Friday.
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.
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