Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
South Korean Won Leads Asian FX Losses as Dollar Rises 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
This week is extremely risk heavy. The week is filled with scheduled data releases and events which are likely to trigger large scale volatilities in the market.
What to watch for over the coming days:
- US data:
Some key data will be released this week; PCE inflation and income/spending data on Monday, manufacturing PMI on Wednesday, and NFP report on Friday.
- Central banks:
Bank of Japan (BoJ) will announce policy decision on Tuesday at the first anniversary of its negative rates introduction. Federal Reserve will announce its policy decision on Wednesday when it is widely expected to stay put as it increased rates just in December. The Bank of England (BoE) will announce interest rate decision on Thursday.
- US earnings:
Investors would remain focused on fourth quarter earnings details from the companies listed in S&P 500. This week, more than 100 companies listed in S&P 500 are scheduled to announce results including Apple, Facebook, ExxonMobil, Pfizer, ConocoPhillips, and more.
- Trump:
The new US President Donald Trump shook the whole country as well as the world on his very first week with an array of executive orders. Eyes would remain focused on the White House on Trump’s second week.
