FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
In terms of volatility risks, this week is relatively light, however, there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Economic data:
UK ILO unemployment report on Tuesday, and inflation report on Wednesday. China’s industrial production, retail sales and money supply statistics on Tuesday, German inflation report on Tuesday, U.S. retail sales report on Wednesday, Australia unemployment report on Thursday, Eurozone CPI inflation on Friday, and Canada’s inflation numbers on Friday.
- Geopolitics:
Readers to keep monitoring the latest happenings in U.S. -Turkey relations as it reached probably an all-time low. The United Kingdom and the European Union would hold two-day Brexit talks beginning Thursday.
- U.S. earnings:
Nearly 15 companies listed on the S&P 500 are slated to report results this week. Big names include Macy’s, Nordstrom and Home Depot, JCPenney and Williams-Sonoma, and Walmart.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
