Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 
US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment 
Gold Prices Slip as U.S.-Iran Conflict, Fed Rate Hike Bets Pressure Precious Metals 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears 
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Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Consumer price inflation rose to 2.1 percent y/y in the first quarter. RBA trimmed mean CPI is up 1.9 percent y/y.
- Japan: All industry activity index grew 0.7 percent in February.
Upcoming:
- Switzerland: UBS consumption indicator will be updated at 6:00 GMT. The Zew survey report for April will be released at 8:00 GMT.
- France: April consumer confidence report will be released at 6:45 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. EIA will release crude oil inventory report at 14:30 GMT.
- Canada: Retail sales report for February will be released at 12:30 GMT.
- Auction: The US will auction 5-year note at 17:00 GMT.
