FxWirePro: Daily Commodity Tracker - 21st March, 2022 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
This week is a quite heavy with volatility risks, especially in terms of data and events as well.
What to watch for over the coming days:
- Central banks:
Swiss National Bank (SNB) will announce interest rate decision on Thursday. Bank of England (BoE) will announce interest rate decision on Thursday.
- Economic data:
China will release statistics on money supply, investments, and new loans on Tuesday. Will release retail sales and industrial production numbers on Thursday. The UK will release inflation numbers on Tuesday and unemployment report on Wednesday. U.S. will release inflation numbers on Friday.
- Hurricane:
The focus will remain on Hurricane aftermath in the United States.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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