Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
This week is pretty risk heavy in terms of data and events, and there are certain economic data and events scheduled that can trigger very high volatility.
What to watch for over the coming days:
- Central banks:
Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday; European Central Bank (ECB) will announce interest rate decision on Thursday; FOMC member Neel Kashkari is scheduled to speak on Monday.
- US data:
The most important data from the United States will be released on Friday and that’s payroll report.
- UK budget:
The mega mover for the pound is scheduled for Wednesday when the UK chancellor of the exchequer is scheduled to present his first budget of the new government of Prime Minister Theresa May.
- Trump:
US President Donald Trump has accused the former President Barrack Obama of wiretapping him in the Trump tower during the 2016 election campaign last Saturday. The fallout from that is likely to get felt throughout this week.
