BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
In terms of volatility risks, this week is relatively light, however, there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Economic data:
UK ILO unemployment report on Tuesday, and inflation report on Wednesday. China’s industrial production, retail sales and money supply statistics on Tuesday, German inflation report on Tuesday, U.S. retail sales report on Wednesday, Australia unemployment report on Thursday, Eurozone CPI inflation on Friday, and Canada’s inflation numbers on Friday.
- Geopolitics:
Readers to keep monitoring the latest happenings in U.S. -Turkey relations as it reached probably an all-time low. The United Kingdom and the European Union would hold two-day Brexit talks beginning Thursday.
- U.S. earnings:
Nearly 15 companies listed on the S&P 500 are slated to report results this week. Big names include Macy’s, Nordstrom and Home Depot, JCPenney and Williams-Sonoma, and Walmart.
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.
