FxWirePro: Daily Commodity Tracker - 21st March, 2022 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: House price growth in May declined to 10.4 percent y/y.
- Australia: New motor vehicle sales grew 2.9 percent in May, up 4.9 percent from a year ago.
Upcoming:
- United Kingdom: Brexit negotiations officially begins today.
- Eurozone: Construction output report for April will be published at 9:00 GMT.
- United States: Fed’s William Dudley is scheduled to speak today at 12:00 GMT. Evans is scheduled to speak at 23:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT. Spain will auction 10-year bond today.
