Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus 
This week is a relatively light with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
European Central Bank (ECB) president Draghi is set for a speech on Monday at 14:00 GMT. Reserve Bank of Australia (RBA) governor Phillip Lowe is set for a speech on Tuesday. U.S. Federal Reserve will release its minutes of the meeting on Wednesday. Swiss National Bank (SNB) chairman Jordon is set for a speech on Thursday.
- Key economic data:
UK third quarter flash GDP report will be released on Thursday. German IFO survey report will be released on Friday
- UK budget:
Chancellor of the Exchequer Phillip Hammond will present UK autumn budget statement on Wednesday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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