China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
In terms of volatility risks, this week is extremely heavy filled with data, central banks’ announcements and geopolitical events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will announce interest rate decision on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. European Central Bank (ECB) will announce the rate decision on Thursday. Bank of Japan (BoJ) will announce interest rate decision on Friday.
- Economic data:
UK’s industrial and manufacturing production data on Monday, Unemployment numbers on Tuesday, inflation report on Wednesday, and retail sales report on Thursday. China’s money supply and loan statistics on Tuesday. United States’ CPI inflation report on Tuesday, retail sales on Thursday. Eurozone CPI on Friday.
- Geopolitics:
U.S. President Donald Trump will meet with North Korea’s supreme leader Kim Jong-Un on Tuesday. UK’s Prime Minister faces parliamentary votes on her Brexit policy on Tuesday. Football world cup will kick off in Russia on Thursday.
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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