In terms of volatility risks, this week is extremely heavy with the focus on Brexit, and Sino-American trade talks,
What to watch for over the coming days:
- Central Banks: Federal Reserve will announce interest rate decision at 19:00 GMT.
- Economic data: United States’ Consumer confidence report on Tuesday, ADP employment and Q4 GDP report on Wednesday, and PCE inflation report on Friday. Australia’s CPI inflation report on Wednesday. Eurozone sentiment report on Wednesday, and Q4 GDP report on Friday. German CPI inflation report on Wednesday. Chinese PMI report on Thursday, and on Friday.
- Geopolitics: Sino-American preparatory trade talks to begin on Monday before high-level talks on Wednesday, and Thursday. United Kingdom’s parliament to vote on a new Brexit deal submitted by the government. India will hold 22-member two-day Arab league summit on Thursday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.


FxWirePro: Daily Commodity Tracker - 21st March, 2022
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