Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for 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 
In terms of data, this week is relatively less risk heavy but post-Brexit fallouts can always compensate for that.
What to watch for over the coming days:
- US earnings season -
Once again the earnings will keep dominating the movement in S&P500 and will act as a key ingredient in the market in defining the risks. More than 90 companies listed on the S&P 500 are scheduled to report results this week, which include some of the big names like Bank of America, Morgan Stanley and Goldman Sachs, Yahoo, Netflix, Microsoft, Halliburton, Intel, Qualcomm, Schlumberger, Chipotle, and Starbucks.
- US Presidential Election -
Much anticipated Republican Party’s convention is beginning this week, on Monday. Political analysts are likely to keep a close eye on this three-day event to see whether Republican presumptive nominee Donald Trump secures the united party backing or not.
- ECB monetary policy –
European Central Bank (ECB) monetary policy decision is the most important scheduled event as it will be the central bank’s first policy meeting since the UK referendum vote. While Bank of England (BoE) has cleared its intention of easing probably in June, ECB hasn’t signaled much other than the saying that the referendum likely to weigh over growth in the Eurozone.
