Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
This week is a quite heavy with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central banks:
Bank of Canada (BoC) will announce monetary policy decision on Wednesday. European Central Bank (ECB) will announce interest rate decision on Thursday. FOMC member Kashkari is scheduled to speak on Thursday.
- Key economic data:
Australia’s CPI inflation report will be released on Wednesday. UK’s third-quarter GDP numbers will be released on Wednesday. Japan’s Inflation report will be released on Thursday. U.S. third-quarter GDP report will be published on Friday.
- Geopolitics:
Catalonia’s regional parliament will convene on Thursday to decide further action. The Spanish government is expected to revoke Catalonia’s autonomy on Friday. Trump might announce his pick for next Fed chair this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 189 companies reporting Q3 results. Big names include Alphabet, Microsoft, Amazon, Intel, Hasbro, Halliburton, Eli Lilly, United Technologies, Lockheed Martin, Boing, Ford, Chipotle and McDonald’s.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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