FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The United Kingdom’s gilts remained narrowly mixed during European session Wednesday ahead of a scheduled speech by the Governor of Bank of England (BoE), Mark Carney, on June 14 by 12:55GMT.
The yield on the benchmark 10-year gilts, slipped 1 basis point to 0.848 percent, the super-long 30-year bond yields hovered around 1.449 percent and the yield on the short-term 2-year traded tad higher at 0.594 percent by 10:00GMT.
US stocks largely failed to advance yesterday, with the S&P500 closing effectively unchanged on the day. Talking about the trade war, Donald Trump boasted that “It’s me that is holding up the deal” with China, adding that "We had a deal with China and then they went back on the deal, and unless they go back to the deal I have no interest", Daiwa Capital Markets reported.
Meanwhile, the FTSE 100 remained tad 0.62 percent down at 7,349.25 by 10:25GMT, while at 10:00GMT, the FxWirePro's Hourly Pound Strength Index remained highly bullish at 147.19 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
