FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal 
Oil Prices Plunge Over 6% as Middle East Ceasefire Hopes Ease Supply Fears 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war? 
Dollar Strengthens as U.S.-Iran Peace Talks Send Mixed Signals 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
The People’s Bank of China (PBoC) is expected to remain calibrated and restrained in policy easing, according to the latest research report from Commerzbank.Both China and the US have taken mini but continuous steps before the formal October trade talks.
After both sides have waived tariffs on some billions of imports, China is poised to purchase more US farm goods according to latest media reports, which has created some favourable conditions for the upcoming negotiations. President Trump reiterated that he would want to seek a "great" deal.
On a separate note, PBoC's governor Yi Gang yesterday said that the policy makers aim to prevent financial system from destabilizing, signaling that the central bank has little intention to conduct aggressive monetary easing despite growth slowdown, the report added.
