Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- OPEC and N-OPEC meetings scheduled today. Outcome expected at 15:00 GMT.
- Spain: First quarter GDP report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by April trade balance report at 9:00 GMT.
- United Kingdom: first quarter flash GDP numbers will be published at 8:30 GMT. Business investment report for the first quarter will be published at 9:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with goods trade balance for April. Kansas Fed manufacturing report will be published at 15:00 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC member Brainard is scheduled to speak at 14:00 GMT.
- Japan: Tokyo and National CPI reports will be published at 23:30 GMT.


FxWirePro: Daily Commodity Tracker - 21st March, 2022
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious
Canada Stocks Steady as Markets Await Fed and BoC Decisions
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 



