Japan Wholesale Inflation Jumps as Energy Shock Drives Import Costs Higher 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears 
Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets 
Asian Stocks Rise as AI Chip Rally Offsets Middle East Tensions 
Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data 
US Launches New Iran Strikes as Strait of Hormuz Conflict Escalates, Oil Prices Rise 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh 
Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans 
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.
