FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it 
Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages 
As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Why central banks are too powerful and have created our inflation crisis 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
The Federal Reserve held off hiking interest rates 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Oil: OPEC would hold its semiannual meeting in Vienna, Austria
- United Kingdom: CBI will release the distributive trend survey report at 10:00 GMT.
- Canada: Wholesale sales report due at 12:30 GMT.
- United States: S&P/Case-Shiller home price report due at 13:00 GMT, followed by new home sales report at 14:00 GMT. Richmond Fed will release its manufacturing report at 14:00 GMT. FOMC member Bostic’s speech is scheduled at 16:00 GMT, Fed Chair Powell’s at 17:00 GMT, and FOMC member Bullard’s at 22:30 GMT.
- Auction: U.S. will auction 2-year note at 17:00 GMT.
