US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Current account balance improves to -$3.9 billion in the fourth quarter. Private sector credit grew 0.2 percent in January, up 5.4 percent from a year ago.
- New Zealand: ANZ business confidence declines to 16.6 in February, down from 21.7 in January. ANZ activity outlook marginally declines to 37.2 percent from 39.6 percent in January.
- Japan: Vehicle production is up 3.8 percent y/y in January.
Upcoming:
- Japan: Housing starts figure will be released at 5:00 GMT.
- France: First quarter GDP report will be released at 6:30 GMT. Consumer price inflation and producer price inflation numbers will be released at 7:45 GMT.
- Germany: Retail sales report for January will be published at 7:00 GMT.
- Switzerland: KOF leading indicator will be published at 8:00 GMT.
- Italy: Consumer price inflation numbers for February will be released at 9:00 GMT, along with wage inflation numbers.
- Spain: December current account balance data will be announced at 9:00 GMT.
- Greece: Retail sales report for December will be released at 9:00 GMT.
- United States: PCE price index and GDP product price index data will be announced at 13:30 GMT. S&P case Shiller home prices report for December will be announced at 14:00 GMT. Chicago PMI report will be released at 14:45 GMT, followed by consumer confidence at 15:00 GMT, along with Richmond Fed manufacturing index. FOMC member Williams is scheduled to speak at 20:30 GMT and Bullard at 23:50 GMT.
- New Zealand: Terms of trade report for fourth quarter will be published at 21:45 GMT.
- Australia: AiG performance of manufacturing index for February will be released at 22:30 GMT.
