IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
The German bunds slumped during European trading session Wednesday ahead of the country’s manufacturing PMI for the month of August, scheduled to be released on August 22 by 07:30GMT and the European Central Bank’s (ECB) account of July monetary policy meeting, due on the same day later by 11:30GMT for further direction in the debt market.
The German 10-year bond yields, which move inversely to its price, jumped 2 basis points to -0.670 percent, the yield on 30-year note also surged 2 basis points to -0.152 percent and the yield on short-term 2-year traded tad higher at -0.901 percent by 10:20GMT.
Today, PM Boris Johnson is meeting with German chancellor Angela Merkel to, among other things, discuss Brexit. In his letter Monday, Johnson made it clear that the backstop needs to be removed for the withdrawal deal to pass the House of Commons but the EU has repeatedly rejected this, as it sees it as a necessary insurance policy to avoid a hard border, Daiwa Capital Markets reported.
Meanwhile, the German DAX traded 1 basis point higher at 11,779.70 by 10:25GMT.
