BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
In terms of volatility risks, this week is relatively light with the focus on central banks and economic data,
What to watch for over the coming days:
Central Banks:
- Bank of Canada (BoC) will announce rate decision on Wednesday. No changes expected.
- Bank of Japan (BoJ) will announce the rate decision on Thursday. No changes expected.
Economic data:
- Australia’s inflation numbers for Q1 due on Wednesday.
- German IFO survey is due on Wednesday. Could be a big mover if data disappoint to the downside.
- United States’ durable goods order report on Thursday and Q1 flash GDP estimate on Friday.
Geopolitics:
- India to hold the third phase of General election on April 23rd.
- North Korean leader Kim Jong-Un to visit Russia this week and meet President Putin.
- China will host a two-day ‘Belt and Road’ forum in Beijing. Interest by sovereign states would be a key point to note.
- Spain will hold the general election on Sunday.
