Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Stocks Slip as AI Chip Valuation Fears, Rising Oil Prices Weigh on Markets 
US Stock Futures Steady as US-Iran Tensions and Fed Inflation Concerns Weigh on Markets 
US Back-to-School Spending Seen Falling as Families Focus on Essentials 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
Venezuela Earthquake Death Toll Climbs to 3,811 as Government Seeks Sanctions Relief 
Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns 
Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears 
Gold Price Rebounds as U.S.-Iran Tensions and Fed Minutes Keep Markets on Edge 
Sweden's centre-left government is likely to officially appoint a parliamentary commission on Thursday to examine Swedish monetary policy and scrutinise the Riksbank's targets and tools, its independence, responsibility for financial stability and its role in international organizations such as the IMF.
The Riksbank has been under fire for years for undershooting its 2 percent inflation target. The central bank has slashed interest rates to a record low of -0.50 percent and launched a large-scale quantitative easing programme in a bid to revive inflation. An independent report by former Bank of England Governor Mervyn King and U.S. economist Marvin Goodfriend recommended extensive changes to the central bank framework.
The report suggested the central bank's mandate should include financial stability and recommended that the Riksbank be given more flexibility around its inflation target with a broader focus in times of crisis. The inquiry and legislative changes could shape the Riksbank's monetary policy in the coming decades.
FxWirePro's Hourly Currency Strength Index at 1200 GMT showed EUR strength was at -96.4879 (Slightly bullish). For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
