Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam 
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns 
Gold Price Rises as Softer Dollar and Fed Rate Expectations Boost Bullion Demand 
Asian Currencies Slip as Stronger US Dollar, Iran Tensions Pressure Regional FX 
European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets 
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices 
Gold Price Drops as Strong Dollar and Fed Rate Outlook Weigh on Bullion 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
Lots of data and events today and some with high risks associated.
Data released so far:
- Japan: Markit services PMI for October rose to 50.5
- Australia: Retail sales rose by 0.6 percent in September.
Upcoming:
- Spain: Markit services PMI will be released at 8:15 GMT.
- Italy: Markit services PMI will be released at 8:45 GMT.
- France: Markit services PMI will be released at 8:50 GMT.
- Germany: Markit services PMI will be released at 8:55 GMT.
- Eurozone: Markit services PMI report will be published at 9:00 GMT, followed by producer price inflation numbers for September at 10:00 GMT.
- Canada: Unemployment report for October and trade balance for September will be released at 12:30 GMT.
- United States: NFP report for October and trade balance report for September will be published at 12:30 GMT.
