Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
December's additional stimulus from the ECB fell short of market expectations, and it is not clear whether President Draghi wanted stronger action but was not able to muster sufficient support.
The meeting minutes (Thu) should reaffirm that the door is open for further easing. Meanwhile, Eurozone activity trends will be informed by area-wide industrial production data (Wed), and the release of German GDP growth figures for the full year of 2015 (Thu).
"We expect it to report calendar year growth of 1.7%, consistent with quarterly growth of around 0.4% in Q4. Strength of domestic demand would provide reassurance about the durability of the Eurozone's recovery", says Lloyds Bank.
