Dollar Slides as Soft U.S. Data Cuts Fed Rate Hike Bets 
S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
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This week is heavy with events which might trigger massive volatilities in the market.
What to watch for over the coming days:
- US GDP:
This is the only major data scheduled this week from the United States and will be released on Friday.
- Brexit ruling:
The Supreme Court of the UK would announce on Tuesday whether the government can unilaterally trigger Article 50 or need parliamentary approval. If the Supreme Court allows voting power to regional governments in Scotland and Welsh, it could be big trouble for the current administration.
- US earnings:
Investors would remain focused onto fourth quarter earnings details from the companies listed in S&P 500. This week, 20 percent companies listed in S&P 500 are scheduled to announce results including Alphabet, Verizon, Microsoft, Yahoo, Ford, Caterpillar and more.
- Trump:
Nothing is scheduled but eyes would remain focused on the White House as President Donald Trump begins his first work week in Office.
