German Industry Employment Falls to Lowest Level in a Decade 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Trump Questions USMCA Renewal as Trade Talks Continue 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
This week is quite risk heavy. Focus is on NFP report from the Unites States.
What to watch for over the coming days:
- Vice Presidential dual:
After Trump-Clinton dual last week broke all records, the focus would be on Vice Presidential debates scheduled for 4th of October. Tim Kaine from the Democratic side would be battling Mike Pence of the Republican side. Next Presidential debate is on 9th.
- Central banks:
Reserve Bank of Australia (RBA) is scheduled to announce interest rate decision on Tuesday. Fed’s Evans and Mester are scheduled to speak this week on Wednesday and on Friday.
- US data:
Some key economic figures would be announced from the United States this week; ISM manufacturing PMI data on Monday, non-manufacturing PMI on Wednesday, ADP employment data on Wednesday, and finally the NFP data on Friday. If the payroll turns out to be weaker like last time along with weak wage growth, it could pose some doubt over hike from Fed in December.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
