Fed’s Williams Signals One More Rate Hike Before Year-End 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
ECB May Stop Rate Hikes After December, Capital Economics Says 
Fed’s Williams Sees One More Rate Hike in 2026, None in 2027 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
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Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Australia: May building permits up 3.1 percent y/y in May. RBA kept interest rate unchanged at 150 bps at today’s meeting.
- Spain: Unemployment declined by 90,000 in June.
Upcoming:
- United Kingdom: Construction PMI data will be released at 8:30 GMT, along with the release of MPC minutes. BRC shop price report will be released at 23:00 GMT.
- Eurozone: PPI inflation and May retail sales report at 9:00 GMT.
- United States: ISM New York report will be released at 13:45 GMT and May factory orders report will be released at 14:00 GMT.
- Canada: Markit manufacturing PMI report will be released at 13:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Australia: AiG performance of services report will be released at 22:30 GMT.
