Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Australia: January trade balance came at $4.55 billion. Retail sales grew just 0.1 percent in January.
Upcoming:
- Switzerland: Unemployment report will be released at 8:30 GMT.
- United Kingdom: Halifax house price report will be published at 8:30 GMT. BoE’s Tenryro set for a speech at 9:30 GMT.
- Italy: January retail sales report will be released at 9:00 GMT.
- Eurozone: Q4 GDP report will be released at 10:00 GMT. ECB will announce rate decision at 12:45 GMT, followed by a press conference at 13:30 GMT.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by weekly natural gas inventory report at 13:30 GMT, along with Q4 non-farm productivity and Labor cost report. EIA will release its weekly natural gas inventory report at 15:30 GMT. Fed’s Brainard to speak at 17:15 GMT. January consumer credit report due at 19:00 GMT.
- New Zealand: Manufacturing sales report will be released at 23:50 GMT, along with January trade balance.
- Auction: France will sell 10-year bond today. Spain will sell 5-year and 10-year bonds. The U.S. will auction 1-month bills at 16:30 GMT.
