FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
The Australian government bond yields cheered market investors after trade negotiations began between the United States and China in Washington yesterday, keeping markets hopeful of a positive outcome by end of this week.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, jumped 12 basis points to 1.015 percent, the yield on the long-term 30-year bond surged nearly 13 basis points to 1.615 percent and the yield on short-term 2-year remained tad higher at 0.708 percent by 05:10GMT.
Market sentiments improved overnight after US President Trump opined that trade talks went “very well” and he will be meeting Chinese Vice Premier Liu He today, OCBC Treasury Research reported.
Should a mini US-China trade truce materialise, then the upcoming 15 October tariff trance (raising the tariffs from 25 percent to 30 percent on AUD250 billion) stands a good chance of being postponed, but the longer-term bilateral relations may remain fragile on the tech, human rights and other hotspots, the report added.
Meanwhile, the S&P/ASX 200 index gained tad 0.22 percent to 6,585.50 by 05:15GMT.
