RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
In terms of volatility risks, this week is heavy, and there are some scheduled events and data that readers need to keep a tab on.
What to watch for over the coming days:
- Central Banks: Federal Reserve will release the Beige book on Wednesday. Bank of England (BoE) will announce the rate decision on Thursday. European Central Bank (ECB) will announce interest rate decision on Thursday. Bank of Canada (BoC) will release business review report on Friday.
- Economic data: China inflation report on Monday. UK’s unemployment report On Tuesday. U.S. PPI inflation report on Wednesday, CPI inflation report on Thursday, and retail sales report on Friday.
- Geopolitics: U.S. special envoy for North Korea Stephen Biegun will start a five-day visit to South Korea, China, and Japan on Monday. Thursday will see the beginning of Eastern Economic Forum in Vladivostok, Russia. Russian President Vladimir Putin, Chinese President Xi Jinping, and Japanese Prime Minister Shinzo Abe are expected to attend. Presidents of 14 EU member states (Austria, Bulgaria, Greece, Croatia, Estonia, Finland, Germany, Hungary, Italy, Latvia, Malta, Poland, Portugal, and Slovenia) to hold a meeting in Latvia also on Thursday.
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.
