China Inflation Cools in June as Producer Prices Hit Four-Year High 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations 
Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 
Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious 
US Launches New Iran Strikes as Strait of Hormuz Conflict Escalates, Oil Prices Rise 
Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations 
US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- France: Emmanuel Macron and Marine Le Pen win the first round. Ready to face each other in second. Corporate service price for February will be updated at 23:50 GMT.
Upcoming:
- Japan: Leading economic index and coincident index numbers will be published at 5:00 GMT.
- Germany: IFO report on business climate, current assessment, and expectations will be released at 8:00 GMT. Bundesbank will release monthly report at 12:00 GMT.
- United Kingdom: CBI industrial trend survey report will be published at 10:00 GMT.
- United States: Chicago Fed will update National Activity index for March at 12:30 GMT. FOMC member Kashkari is scheduled to speak at 15:30 GMT.
- Auction: US will auction 3-month and 6-month bills at 15:30 GMT.
