Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Upcoming:
- Eurozone: ECB President Mario Draghi is set to deliver a speech at 8:10 GMT. August construction output report will be published at 9:00 GMT. ECB’s Praet is scheduled to deliver a speech at 11:45 GMT.
- United Kingdom: ILO unemployment report will be published at 8:30 GMT.
- Portugal: Current account balance report will be released today.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by housing starts and building permits reports at 12:30 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release Beige book at 18:00 GMT.
- Canada: Manufacturing shipments report will be published at 12:30 GMT.
- Japan: September trade balance report will be published at 23:50 GMT.
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