Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
In terms of volatility risks, this week is quite heavy in terms of data and events.
What to watch for over the coming days:
- Central Banks:
European Central Bank (ECB) will announce interest rate decision on Thursday. Bank of Japan (BoJ) will announce interest rate decision on Friday.
- Economic data:
Australia’s CPI inflation report on Tuesday. U.S. durable goods order report on Thursday and Q1 GDP report on Friday. Japan’s inflation report will be released on Thursday. UK’s Q1 GDP report will be released on Friday.
- Earnings:
Almost 200 companies listed on the S&P 500 are slated to report results next week. Big names include Harley-Davidson, Amazon, American Airlines, ExxonMobil, Chipotle, and Facebook.
- Geopolitics:
South Korean president Moon Jae-in and North Korean leader Kim Jong Un are expected to meet on Friday. The event would be televised live.
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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