BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
In terms of volatility risks, this week is heavy with economic data, as well as central bank events.
What to watch for over the coming days:
- Central Banks: Bank of Canada (BoC) will announce the rate decision on Wednesday. FOMC will publish the Beige Book report on Wednesday. European Central Bank (ECB) will announce the rate decision on Thursday.
- Economic data: U.S. goods trade balance report on Thursday, and Q3 GDP report on Friday. Japan inflation report on Thursday.
- Geopolitics: Saudi Arabia’s 3-day investment conference kicks off on Tuesday. However, several high-level business and government executives including U.S. Treasury Secretary Steven Mnuchin have pulled off from attending the event over the killing of Washington post Journalist Jamal Khashoggi at Saudi Consulate in Istanbul. Canada to host a multilateral summit on reforming the World Trade Organization.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and Korean peninsula are likely to keep influencing the market.
