Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
The U.S. Treasuries lost ground Tuesday even as market participants hope to see a slight downward revision in the country’s consumer price inflation for the month of February, scheduled to be released today by 12:30GMT. Also, investors are looking forward to watch the 30-year bond auction, due later today for detailed direction in the debt market.
The yield on the benchmark 10-year Treasuries rose 1 basis point to 2.88 percent, the super-long 30-year bond yields climbed nearly 1-1/2 basis points to 3.14 percent and the yield on the short-term 2-year traded tad higher at 2.27 percent by 10:40GMT.
All eyes today will be on the US CPI report for February. In line with the Bloomberg consensus, Daiwa America’s chief economist Mike Moran expects to see both headline and core CPI rise 0.2 percent m/m. That would see the annual headline rate rise 0.1ppt to 2.2 percent y/y, but the annual core rate remained unchanged at 1.8 percent y/y, in line with the average of the past year.
While gasoline prices rose slightly in February, the seasonal adjustment process will probably translate that change into a slight decrease. In addition, a repeat of the 0.3 percent jump in core prices in January is not expected to be seen, which might have partly reflected a degree of residual seasonality, the increase will probably exceed the 0.1 percent rate registered in several months last year. The February NFIB small business sentiment survey is also due today, and seems set to remain close to the top of the range on the series, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures rose 0.24 percent to 2,795.50 by 10:45GMT, while at 10:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 19.45 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
Lastly, FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
