FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
The downward economic momentum in the emerging markets will be a biggest headwind for German economy next year. Therefore, growth rate of the economy is projected at 1.30% for 2016, forecasts Commerzbank.
The growth rate will be underpinned by the strong domestic activities. Wages are expected to post a healthy growth rate of 3%, and thereby, private consumption in the economy will increase. In addition, the upcoming labor market reforms of the German government will back the economic growth rate.
