FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. Praises Kurdistan's Role in Oil Markets Amid Iran War Fallout 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
China Opens Door to Stronger U.S. Trade Ties Amid Rising Tensions 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Westpac leading index grew by 0.1 percent in March. New motor vehicle sales grew by 1.9 percent in March, down 3 percent from a year ago.
Upcoming:
- Italy: February trade balance report will be released at 8:00 GMT.
- Eurozone: February trade balance report will be released at 9:00 GMT. Consumer price inflation report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT.
- New Zealand: first quarter CPI inflation report will be released at 22:45 GMT.
- Japan: Trade balance for March will be released at 23:50 GMT.
