Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence declines by 0.7 percent.
- China: In March, producer price index is up 7.6 percent y/y, and consumer price index grew 0.9 percent y/y.
- Germany: Wholesale price index came at 4.7 percent y/y in March. No monthly growth in prices.
Upcoming:
- Spain: HICP inflation report will be published at 7:00 GMT.
- United Kingdom: BoE governor Carney is scheduled to speak at 8:00 GMT. ILO unemployment report will be published at 8:30 GMT. RICS house price balance report will be released at 23:00 GMT.
- Portugal: Consumer price inflation report will be published at 10:00 GMT.
- United States: MBA mortgage application numbers will be updated at 11:00 GMT. Terms of trade report will be published at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. March budget statement will be released at 18:00 GMT.
- Canada: BoC will announce interest rate decision at 14:30 GMT, followed by press conference at 15:15 GMT.
- New Zealand: Business PMI report will be published at 22:30 GMT, followed by food price report at 22:45 GMT.
- Auction: Germany will auction 10-year bond today and Uk would auction 30-year bond.
