FxWirePro: Daily Commodity Tracker - 21st March, 2022 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
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:
Bank of Canada (BoC) will announce the rate decision on Wednesday.
- Economic data:
China CPI inflation report will be released on Tuesday and trade balance on Friday. U.S. PPI inflation on Wednesday and CPI inflation on Thursday.
- Geopolitics:
President Trump will be traveling to Europe for a NATO summit on July 11-12th. After the NATO summit, President Trump will be visiting the UK on a four-day trip. He will also be meeting g with the queen during his trip.
Before his travel, President Trump is expected to announce his pick for the U.S. Supreme Court to replace Justice Kennedy, who just announced retirement.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
