Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
RBA Set for September Rate Hike as Inflation Stays High 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index down 0.6 percent y/y in December.
- Japan: Markit services PMI declined to 51.1 in December.
- Australia: November trade balance came at -$628 million.
Upcoming:
- Germany: Retail sales report will be released at 7:00 GMT.
- France: Consumer confidence report will be released at 7:45 GMT, along with flash consumer inflation report.
- Switzerland: November Forex reserve details will be published at 8:00 GMT.
- Italy: Retail sales report for November will be published at 9:00 GMT.
- Eurozone: December flash CPI report will be published at 10:00 GMT, along with November PPI inflation.
- United States: Unemployment report for December will be released at 13:30 GMT, along with trade balance report for November and followed by factory orders and ISM-non-manufacturing report at 15:00 GMT. FOMC member Harker is scheduled to speak at 15:15 GMT, and Mester at 17:30 GMT.
- Canada: Trade balance and unemployment report will be published at 13:30 GMT followed by IVEY PMI report at 15:00 GMT.
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