Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
The Japanese government bonds remained tad higher on Tuesday, as investors expect to see a slump in the country’s gross domestic product (GDP) for the third quarter of this year, scheduled to be released today by 23:50GMT.
Also, the industrial production for the month of September is seen to remain weak as well, scheduled to be released on November 14 by 04:30GMT.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, traded lower at 0.118 percent, the yield on the long-term 30-year note slipped 1/2 basis point to 0.879 percent and the yield on short-term 2-year too remained tad lower at -0.136 percent by 05:50GMT.
According to a report from Nasdaq, "Japan's economy was expected to shrink in the third quarter after natural disasters disrupted production and a slowdown in overseas demand undermined exports."
"Gross domestic product (GDP) grew an annualised 3.0 percent in April-June on strong capital spending, the fastest growth since 2016, but was seen shrinking 0.3 percent quarter-on-quarter in July-September, an annualised rate of 1.0 percent", Nasdaq added.
Meanwhile, the Nikkei 225 index slumped 2.25 percent to 21,767.00 by 05:50GMT, while at 05:00GMT, the FxWirePro's Hourly JPY Strength Index remained neutral at 46.87 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
