Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout 
Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts 
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify 
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals 
The U.S. Treasuries jumped during Wednesday’s afternoon session amid a muted trading session that witnessed data of little economic significance. Also, a speech by Federal Reserve President Evans, due later in the day shall add further direction into the bond market.
The yield on the benchmark 10-year Treasury yield slumped 2 basis points to 1.870 percent, the super-long 30-year bond yield also suffered nearly 2 basis points to 2.299 percent and the yield on the short-term 2-year lost 1 basis point to 1.623 percent by 14:00GMT.
On a quiet day for US economic releases, today will just see Fed Governor Brainard speak at an ECB conference in honour of departing Executive Board member Cœuré, Daiwa Capital Markets reported.
Fixed income markets remained supported in early trade today and the GBP extended recent losses on fears over the risk of a no-deal Brexit. Focus today is on Germany’s IFO business climate index for December, Eurobank Economic Analysis & Financial Markets Research reported.
Meanwhile, the S&P 500 Futures remained flat at 3,196.62 by 14:05GMT.
