RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Wall Street Falls as Oil Prices Rise and Tech Stocks Slide 
Bangladesh GDP Growth Accelerates to 4.6% on Industrial Rebound 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Rise as Gulf Hurricane and Middle East Supply Risks Mount 
France to Release 10 Million Barrels of Diesel to Ease Fuel Prices 
US Dollar Hits 18-Month High as Fed Signals More Rate Hikes 
Gold Prices Rise as Hormuz Tensions Fuel Inflation Risks 
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed 
Add as a preferred source on Google
The Australian bonds remained flat during Asian session of the last trading day of the week Friday as investors remained side-lined in a muted session that witnessed data of little economic significance amid overall positive sentiments in the market.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, hovered around 1.186 percent, the yield on the long-term 30-year bond remained flat at 1.796 percent and the yield on short-term 2-year lost barely 1 basis point to trade at 0.780 percent by 04:15GMT.
Economic optimism fuelled the overnight rally in financial markets, as investors digested the news of the passage of the USMCA agreement and the strong US retail sales data, following the earlier signing of the US-China Phase one trade deal, OCBC Treasury Research reported.
"Asian markets may start on a positive tone this morning, while awaiting China’s key 4Q19 GDP data release where market is eyeing a steady 6 percent handle and its accompanying data dump of industrial production, retail sales, fixed asset investments etc.," the report added.
Meanwhile, the S&P/ASX 200 index traded tad -0.16 percent down at 7,017.50 by 04:25GMT.
