Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- New Zealand: RBNZ kept the interest rates unchanged at 1.5 percent.
Upcoming:
- Germany: GFK consumer confidence report to be released at 6:00 GMT.
- France: June consumer confidence report will be released at 6:45 GMT.
- Eurozone: ECB will hold its non-monetary policy today.
- Italy: Q1 Debt statistics will be updated at 8:00 GMT.
- Switzerland: ZEW economic survey report will be released at 8:00 GMT.
- United Kingdom: BBA mortgage report due at 8:30 GMT. BoE governor Carney to testify before parliamentary committee beginning 9:15 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Durable goods order report will be released at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC member Daly’s speech due at 15:30 GMT.
- Japan: Retail trade report due at 23:50 GMT.
- Auction: the U.S. will auction 5-year note at 17:00 GMT.
