BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes 
Wall Street Slides as Treasury Yields Surge to 19-Year High 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Add as a preferred source on Google
Lots of economic dockets scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence declined to 16 in June from 20.2 in May. ANZ activity outlook for July declined to 31.4 percent from 35.1 percent.
- Australia: Producer price index by 1 percent y/y in second quarter. Private sector credit growth declined to 6.2 percent y/y in May, down from 6.5 percent in April.
- Japan: Vehicle production declined 1 percent y/y in July. BOJ kept rates and QE on hold but increases US dollar lending program to $24 billion and purchase targets of ETFs from ¥3.3 trillion to ¥6 trillion.
Upcoming:
- Japan: Housing starts data will be released at 5:00 GMT, along with construction orders.
- France: Second quarter flash GDP will be released at 5:30 GMT. Consumer spending and CPI inflation data to be released at 6:45 GMT.
- Germany: Retail sales for June will be released at 6:00 GMT.
- Spain: Second quarter GDP and HICP inflation for July and current account balance for May will be released at 7:00 GMT.
- Switzerland: KOF leading indicator for July will be released at 7:00 GMT.
- Italy: Unemployment report for June will be released at 8:00 GMT. Producer and consumer price inflation will be released at 9:00 GMT.
- United Kingdom: Money supply and consumer credit data will be published at 8:30 GMT.
- Greece: Retail sales for May and Producer price inflation for June is scheduled for release at 9:00 GMT.
- Eurozone: Second quarter GDP estimate and consumer price inflation will be released at 9:00 GMT.
- United States: Second quarter flash GDP and PCE inflation will be reported at 12:30 GMT, followed by Chicago PMI at 13:45 GMT and Michigan consumer sentiment at 14:00 GMT.
- Canada: GDP for May is scheduled at 12:30 GMT, along with raw material price and industrial product price.
