FxWirePro: Daily Commodity Tracker - 21st March, 2022 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Lots of economic dockets scheduled for today but all with low to medium risks associated.
Data released so far:
- New Zealand: ANZ commodity prices grew 5.1 percent in September.
- Japan: Markit services PMI declined to 48.2 in September.
- Australia: Retail sales grew 0.4 percent in August.
Upcoming:
- Spain: Markit services PMI for September will be released at 7:15 GMT.
- Italy: Markit services PMI for September will be released at 7:45 GMT.
- France: Services and composite PMI will be reported at 7:50 GMT.
- Germany: Services and composite PMI due at 7:55 GMT.
- Eurozone: Services and composite PMI due at 8:00 GMT, followed by retail sales for August at 9:00 GMT.
- United States: MBA mortgage application will be reported at 11:00 GMT, followed by ADP employment report at 12:15 GMT and trade balance at 12:30 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM-non-manufacturing PMI report at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- Auction: US will auction 5-year note at 17:00 GMT.
