Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
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 Australia (RBA) will announce interest rate decision on Tuesday. Bank of England (BoE) governor Carney is set for a speech on Thursday.
- Economic data:
U.S. GDP numbers on Thursday and PCE inflation numbers on Friday. Eurozone retail sales numbers on Tuesday. Swiss inflation report on Thursday.
- Geopolitics:
The focus is also on German Chancellor Merkel who is struggling for a pan-European consensus on immigration. Her interior minister and the leader of her main ally, Christian Social Union Party, Horst Seehofer announced that he would step down if immigration controls are not enhanced at the borders.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
