India-US Trade Talks Advance Toward $500 Billion Goal Amid Ongoing Negotiations 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions 
Oil Prices Surge Amid Escalating U.S.-Iran Conflict and Strait of Hormuz Tensions 
Dollar Gains as Middle East Tensions and Rising Oil Prices Support Safe-Haven Demand 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
This week is extremely risk heavy. Expect lots of volatility. The focus is on the US election.
What to watch for over the coming days:
- US Presidential election:
This is the mother of all events this week. On Tuesday, more than 1 yea rlong Presidential race comes to an end. We suspect and forecasted a Donald Trump win but the financial markets have shown that they are with Hillary. So expect upside if Hillary gets elected and downside if Trump does.
- Central banks:
UK inflation report hearings are scheduled on Tuesday, which might add volatility to the pound Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- China data:
Lots of key Chinese data are scheduled for release this week; FX reserve details were released today, Trade balance is scheduled for Tuesday and inflation reports on Wednesday.
- Brexit debate:
The decision by the UK High Court that the government will require parliamentary approval to trigger Article 50 will keep the country in the headlines over the week. In addition to that, the parliament will be holding a general Brexit debate this week.
