BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian markets continue to move higher on Wednesday but Japanese market was trading almost flat to negative. On the data front from China, PBoC devalued the currency around 0.2% as PBoC sets Yuan fix lower.
The USD/CNY fix was set at 6.5237 on Wednesday compared with 6.5130 a day earlier, a devaluation of 0.2%.
The Nikkei 225 index was trading 0.19% lower to 16,028.09 points in Tokyo, while the broader Topix gauge slipped 0.11% to trade at 1,295.47 points.
Mainland China's Shanghai Composite index grew 0.67% to 2,855.55 points, while Hong Kong's Heng Seng index also rose 0.36%, trading at 19,190.96 points.
South Korea's Kospi index was trading 0.05% higher to 1,889.18 points in early trade.
The benchmark S&P/ASX 200 index slid 0.23% to 4,898.50 points before midday in Sydney.
New Zealand S&P/NZX 50 index gained 0.38% to trade at 6,098.32 points.
