FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
In terms of volatility risks, this week is heavy with the focus on Brexit, key economic data, and trade talks,
What to watch for over the coming days:
- Central Banks: FOMC will release minutes of meeting on Wednesday. Several Fed speaker this week; Bostic on Thursday, and Williams, Clarida, Quarles, and Bullard on Friday. BoC Governor Poloz set for a speech on Thursday. RBA Governor Lowe to speak on Thursday.
- Economic data: UK unemployment report on Tuesday. Australia’s employment report on Thursday. German inflation report on Thursday. United States’ durable goods order on Thursday, and Eurozone inflation report on Friday.
- Geopolitics: Russian President Putin to make annual state of the nation address on 20th. Saudi crown prince to visit India on 20th.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Sino-American trade talks, and Korean peninsula are likely to keep influencing the market.
