FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations declined to 3.3 percent in September from 3.5 percent in August. Unemployment rate in August declined to 5.6 percent.
Upcoming:
- Switzerland: SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Retail sales for August will be reported at 8:30 GMT. BoE will announce rate decision at 11:00 GMT.
- Greece: Unemployment rate for the second quarter will be published at 9:00 GMT.
- Eurozone: Trade balance for July and CPI for August will be announced at 9:00 GMT.
- United States: Lots of data from U.S. today. Current account for second quarter will be published at 12:30 GMT, along with New York Empire State manufacturing index, producer price index and retail sales. Weekly jobless claims report will also be released about the same time. Industrial production for August will be reported at 13:15 GMT. EIA will release natural gas inventory report at 14:30 GMT.
