Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index down 0.6 percent y/y in December.
- Japan: Markit services PMI declined to 51.1 in December.
- Australia: November trade balance came at -$628 million.
Upcoming:
- Germany: Retail sales report will be released at 7:00 GMT.
- France: Consumer confidence report will be released at 7:45 GMT, along with flash consumer inflation report.
- Switzerland: November Forex reserve details will be published at 8:00 GMT.
- Italy: Retail sales report for November will be published at 9:00 GMT.
- Eurozone: December flash CPI report will be published at 10:00 GMT, along with November PPI inflation.
- United States: Unemployment report for December will be released at 13:30 GMT, along with trade balance report for November and followed by factory orders and ISM-non-manufacturing report at 15:00 GMT. FOMC member Harker is scheduled to speak at 15:15 GMT, and Mester at 17:30 GMT.
- Canada: Trade balance and unemployment report will be published at 13:30 GMT followed by IVEY PMI report at 15:00 GMT.
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