BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
The U.S. Treasuries traded lower during late European session Tuesday ahead of the country’s ISM non-manufacturing PMI for the month of January and the 3-year note auction, both scheduled to for today at 15:00GMT and 18:00GMT respectively.
The yield on the benchmark 10-year Treasury yield rose 1 basis point to 2.734 percent, the super-long 30-year bond yields also edged nearly 1 basis point higher to 3.068 percent and the yield on the short-term 2-year too traded 1 basis point up at 2.543 percent by 14:05GMT.
In the US, the data focus today will be the non-manufacturing ISM and services PMI reports for January. With the labour market and the economy on a relatively firm growth track, the ISM non-manufacturing index is expected to post a reading in the upper-50 region, albeit likely slightly below the average of 58.9 seen in 2018. In the markets, the US Treasury will auction 3-year notes, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures edged 0.21 percent higher to 2,726.88 by 14:10GMT, while at 14:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 51.51 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
