Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets 
Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions 
Asian Stocks Rally on Ceasefire Hopes and Bargain Buying 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
China's Inflation Data Misses Forecasts as Consumer Prices Slow in March 
U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets 
The Hungarian forint is expected to rise to a level of 315.00 against the euro by the third quarter of this year, according to a recent research report from Commerzbank. Hungarian CPI data for January turned out to be supportive of MNB's ultra-dovish monetary policy stance.
The headline inflation reading was slightly above expectation at 2.1 percent y/y, but most underlying core inflation indicators were either unchanged at well-below inflation target, or were slightly softer in January: core inflation softened from 2.6 percent in December to 2.5 percent in January; tax-adjusted core inflation was unchanged at 2.2 percent and ‘demand-sensitive inflation’ softened from 1.8 percent to 1.7 percent.
What is crucial in all this is that after longer than a year of solid economic growth and falling unemployment, core inflation is not only stuck below inflation target, it is once more moderating.
"We think that MNB will probably even step up its unconventional monetary easing in coming quarters," the report added.
Lastly, FxWirePro has launched Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
