RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday. Bank of England’s (BoE) governor Carney is set for a speech on Tuesday. So is Bank of Canada (BoC) governor Stephen Poloz.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone CPI numbers on Thursday.
- Geopolitics:
The focus will be on this week’s EU leaders’ gathering, which is turning out to be a major immigration showdown.
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration as the deadline to get an agreement looms.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
