Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
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 Japan (BoJ) will announce interest rate decision on Tuesday. Fed will announce monetary policy decision on Wednesday. Bank of England (BoE) will announce interest rate decision on Wednesday.
- Key economic data:
U.S. PCE inflation report on Monday, ADP employment report on Wednesday, and NFP report on Friday. Eurozone third quarter GDP report on Tuesday. New Zealand third-quarter unemployment report on Tuesday. Canada unemployment report on Friday.
- Trump:
President Trump is expected to announce his Fed chair decision this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 130 companies reporting Q3 results. Big names include Apple, as well as Pfizer, Kraft Heinz, Ralph Lauren, AIG, Starbucks, Yum Brands, and PG&E.
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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