U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
The Australian bonds gained slightly during Asian session of the second trading day of the week Tuesday despite a fall in the United States’ Treasuries in the overnight session amid slowdown in the Iranian tensions.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, hovered around 1.216 percent, the yield on the long-term 30-year bond gained nearly 1-1/2 basis points to 1.845 percent and the yield on short-term 2-year suffered 1 basis point to 0.794 percent by 02:55GMT.
Risk aversion subsided overnight as investors shrugged off Iranian tensions. S&P500 staged a modest overnight recovery, led by tech stocks, while the UST bonds yield curve flattened with the 10-year bond yield at 1.81 percent, and gold prices was little changed. News about the repositioning of US forces in Iraq was dismissed as a draft that should never have been circulated.
Meanwhile, the S&P/ASX 200 index traded nearly 1 percent higher at 6,755.00 by 03:00GMT.
