RBA's latest forecasts are grim. Here are 5 reasons why 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
As treasurer, Bill Hayden set Labor on the path to economic rationalism 
The yen plunges to 34-year low despite interest rate hike 
The RBA has kept interest rates on hold. Here's why it'll be cautious from here on 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Data released so far:
- China: 2.9 trillion yuan loans were created in January. M2 money supply rose by 8.6 percent y/y in January.
Upcoming:
- Japan: Machine tools orders report will be released at 6:00 GMT.
- France: Fourth quarter non-farm payrolls report will be released at 7:45 GMT.
- Switzerland: Producer and import price inflation reports will be released at 8:15 GMT.
- United Kingdom: UK inflation reports including RPI, PPI, CPI, and HPI will be released at 9:30 GMT.
- United States: NFIB business optimism report will be released at 11:00 GMT. FOMC member Mester is set to speak at 13:00 GMT.
- Australia: Westpac consumer confidence report will be released at 23:30 GMT.
- Japan: Q4 GDP report will be released at 23:50 GMT.
- Auction: The U.S. will auction 1-month bills at 16:30 GMT.
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