Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Oil Prices Slip as Trump Extends Iran Ceasefire Deadline Amid Ongoing War Fears 
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.
