Xi Jinping Pushes Demand-Driven Strategy to Modernize China's Service Sector 
U.S. Futures Dip as Iran Ceasefire Faces Early Challenges 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say 
U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus 
U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal 
Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
The German bunds trade higher Thursday as investors wait to watch the European Central Bank member Lautenschlaeger’s speech, scheduled for later in the day. Also, market participants remain keen to read the March manufacturing PMI, due on March 24, which will remain crucial in determining the future direction of the bond market.
The yield on the benchmark 10-year bond, which moves inversely to its price, slumped 1-1/2 basis points to 0.39 percent, the long-term 30-year bond yields also plunged 1-1/2 basis points to 1.12 percent and the yield on short-term 1-year bond also traded 3-1/2 basis points lower at -0.80 percent by 09:00 GMT.
Meanwhile, the German stock index DAX Index traded 0.15 percent higher at 11,920.00 by 09:10 GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index remained slightly bearish at -88.90 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
