BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
In terms of volatility risks, this week is extremely heavy and the week belongs to the central bankers.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of Australia (RBA) will announce interest rates on Tuesday. Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- Economic data:
China will report trade balance numbers on Wednesday for the month of July and CPI inflation numbers on Thursday. Japan will report Q2 GDP numbers on Thursday. UK will report GDP numbers on Friday. The U.S. will report CPI inflation numbers on Friday.
- Geopolitics:
U.S. sanctions are set to go live On Iran beginning Monday.
- Earnings:
Nearly 47 companies listed on the S&P 500 are slated to report results this week. Big names include Snap, Walt Disney, 21st Century Fox CVS, Viacom, Marriott and Tyson Foods.
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.
