Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
This week is relatively less risk-heavy in terms of scheduled data and events.
What to watch for over the coming days:
- Central Banks:
Not many central bank activities this week. A few Federal Reserve policymakers are scheduled to speak this week; Bullard and Mester on Thursday.
- Key economic data:
Not many economic dockets scheduled for release this week except for US housing report and Industrial production report on Wednesday, UK inflation numbers on Wednesday and UK unemployment report on Thursday.
- US earnings:
After last week’s disappointing numbers from some retailers, the focus will be on Amazon, which is scheduled to report earnings this week.
- Trump:
President Trump is scheduled to meet Turkey’s President Tayyip Erdogan this week on Tuesday just before President Trump embarks upon his first foreign trip in Middle East.
The UK Prime Minister Theresa May’s speech is scheduled this week on Monday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
