FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand 
Yen Edges Higher as Weak US Data Dampens Fed Rate Hike Expectations 
Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves 
Malaysia Inflation Eases to 1.8% in July, Below Forecast 
Japan Economy Grows 1.1% in Q2 as Consumer Spending Stalls 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
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The French economy rebounded during the third quarter of this year; however, growth still remained muted, following terror attacks in the region and soft agricultural output.
France’s gross domestic product (GDP) grew 0.2 percent sequentially, in contrast to a 0.1 percent fall in the second quarter, data released by the statistical office Insee showed Friday.
Household consumption expenditure gained 0.1 percent after staying flat. Households' gross fixed capital formation accelerated again, to 0.7 percent from 0.4 percent. Overall, final domestic demand contributed for +0.2 points to GDP growth in the third quarter.
Imports bounced back sharply by 2.5 percent, following a 1.5 percent decrease. At the same time, growth in exports improved to 0.7 percent from 0.1 percent. Overall, the foreign trade balance contributed negatively to GDP growth of-0.6 points.
In contrast, changes in inventories contributed positively by +0.6 points..
Meanwhile, the EUR/USD traded at 1.04, up 0.15 percent, while at 9:00GMT, the FxWirePro's Hourly Euro Strength Index remained highly bullish at 154.72 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
