The Federal Reserve and the art of navigating a soft landing ... when economic data sends mixed signals 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Sure, the RBA froze interest rates on Tuesday, but there's plenty of pain to come 
RBA's latest forecasts are grim. Here are 5 reasons why 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: CPI inflation rose to 1.9 percent in June and PPI inflation rose to 4.9 percent.
- Australia: National Australia Bank’s business confidence came at 15 in June and business confidence index came at 6.
Upcoming:
- Japan: Machine tools orders report for June will be released at 6:00 GMT.
- France: Industrial output for May will be released at 6:45 GMT.
- Italy: Industrial output report will be released at 8:00 GMT.
- United Kingdom: Industrial and manufacturing production report will be released at 8:30 GMT, along with trade balance data.
- Germany: Zew survey report will be released at 9:00 GMT.
- Eurozone: Zew survey report will be released at 9:00 GMT.
- United States: NFIB business optimism report will be released at 10:00 GMT, followed by JOLTS jobs report at 14:00 GMT.
- Japan: Domestic corporate goods price report will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month bonds at 15:30 GMT, and 3-year note at 17:00 GMT.
