RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
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:
U.S second-quarter GDP report will be published on Wednesday and PCE inflation numbers on Thursday. German inflation and unemployment report on Thursday. Japan inflation and unemployment report on Thursday. Eurozone CPI inflation report on Friday. China PMI reports on Monday.
- Geopolitics:
International Court of Justice hears Iranian case against the U.S. over re-imposition of sanctions beginning Monday. EU foreign ministers and defense ministers will hold talks in Brussels.
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.
