Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity prices rose by 2.7 percent in November.
- Australia: TD securities inflation rose by 0.1 percent in November, up 1.5 percent from a year ago. Companies’ gross operating profit rose by 1 percent in the third quarter.
- China: Caixin services PMI rose to 53.1 in November.
Upcoming:
- Japan: Consumer confidence number for December will be reported at 5:00 GMT.
- Spain: Industrial output for October will be announced at 8:00 GMT, followed by Markit services PMI at 8:15 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT.
- France: Services PMI report is scheduled to be released at 8:50 GMT.
- Germany: Services PMI at 8:55 GMT.
- United Kingdom: Markit services PMI number will be reported at 9:30 GMT.
- United States: Markit services PMI will be released at 14:45 GMT, followed by ISM non-manufacturing PMI at 15:00 GMT. Fed’s Dudley is scheduled to speak at 13:30 GMT, followed by Evans at 14:25 GMT, and Bullard at 19:00 GMT.
