Gold Prices Inch Higher as Fed Rate-Cut Expectations Strengthen 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
RBA Holds Rates but Warns of Rising Inflation Pressures 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
U.S. Stock Futures Hold Steady Ahead of Key Fed Decision 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
This week is a filled with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) will announce interest rate decision on Wednesday.
- Economic data:
Services PMI reports from across the world on Tuesday. Australian third-quarter GDP on Wednesday. ADP employment report from the U.S. on Wednesday. Japan’s third-quarter GDP on Thursday. U.S. NFP report on Friday.
- US Government shutdown:
Government shutdown looms as the deadline to pass budget ends on Friday.
- Brexit:
On Monday, UK Prime Minister Theresa May is slated to meet with Jean-Claude Juncker, president of the European Commission, and Michel Barnier, the EU’s chief Brexit negotiator.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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