FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Extend Losses as U.S.-Iran Talks Ease Supply Fears 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
European Stocks Slip as Iran Tensions Offset Strong Eurozone Data 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
Gold Drops Over 1% as Dollar, Treasury Yields Surge on Fed Rate Hike Bets 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Dollar Hits Two-Month High as Fed Rate Hike Bets Rise 
South Korea, US Discuss Warship Building Cooperation 
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The German bunds slumped during European session Friday, following the wave of global debt market fall after the United States’ Treasuries, tracking the better-than-expected rise in the June consumer price inflation (CPI), that led to hopes of a recovery in the world’s largest economy.
The German 10-year bond yields, which move inversely to its price, jumped 1-1/2 basis points to -0.249 percent, the yield on 30-year note surged 2 basis points to 0.395 percent and the yield on short-term 2-year traded flat at -0.724 percent by 11:15GMT.
In May compared with April, seasonally adjusted industrial production rose by 0.9 percent in the euro area (EA19) and by 0.8 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
In April, industrial production fell by 0.4 percent in the euro area and by 0.6 percent in the EU28. In May 2019 compared with May 2018, industrial production decreased by 0.5 percent in the euro area and increased by 0.4 percent in the EU28.
Meanwhile, the German DAX traded flat at 12,333.93 by 11:20GMT
