FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI edged higher in March to 52.9
- Australia: ANZ commodity price index grew 0.4 percent in March.
Upcoming:
- Spain: Markit services PMI for March will be reported at 7:15 GMT.
- Japan: BoJ governor Kuroda’s speech scheduled at 7:15 GMT.
- Italy: Services PMI report will be released at 7:45 GMT, followed by wage inflation report at 9:00 GMT.
- France: Services PMI report for March will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- United States: MBA mortgage report at 11:00 GMT, followed by ADP employment report at 12:15 GMT. Markit services PMI report will be released at 13:45 GMT and ISM non-manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting at 18:00 GMT.
