S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
This week is quite risk heavy and the focus is on the central bankers.
What to watch for over the coming days:
- Central banks:
The Federal reserve will announce its last policy decision for the year this Wednesday when it is widely expected that the Fed would announce a hike of 25 basis points. Swiss National Bank (SNB) will announce policy decision on Thursday. Bank of England (BoE) will announce policy decision on Thursday. BoE will release quarterly bulletin on Friday.
- UK data:
Lots of economic data are scheduled for release this week, which could shed light on the state of the economy as the official Brexit beginning draws near; inflation numbers on Tuesday, Unemployment numbers on Wednesday, and Retail sales figure on Thursday.
