FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
RBA Holds Rates but Warns of Rising Inflation Pressures 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
This week is quite risk heavy and the focus is on the central bankers.
What to watch for over the coming days:
- Central banks:
The Federal reserve will announce its last policy decision for the year this Wednesday when it is widely expected that the Fed would announce a hike of 25 basis points. Swiss National Bank (SNB) will announce policy decision on Thursday. Bank of England (BoE) will announce policy decision on Thursday. BoE will release quarterly bulletin on Friday.
- UK data:
Lots of economic data are scheduled for release this week, which could shed light on the state of the economy as the official Brexit beginning draws near; inflation numbers on Tuesday, Unemployment numbers on Wednesday, and Retail sales figure on Thursday.
