China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Thailand Inflation Remains Negative for 10th Straight Month in January 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Fundamentals to watch out for this week
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- UK economic data:
Time has come to pay some extra attention as the first batch of key economic data from the post-referendum UK become available this week. There are inflation data on Tuesday, Employment data on Wednesday and retail sales data on Thursday. All these data are for the month of July.
- US economic data and Fed speakers:
Not many economic dockets but all with high volatility risks associated On Monday, there is house price index from the National Housing Board, consumer price inflation data on Tuesday, and FOMC minutes on Wednesday. Several Fed speakers are scheduled this week; Fed’s Lockhart on Tuesday, Bullard on Wednesday, and Williams on Thursday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
