Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
This week is filled with risk heavy data and events.
What to watch for over the coming days:
- Central Banks:
The bank of Japan (BoJ) will announce interest rate decision on Thursday. The European Central Bank (ECB) will also announce interest rate decision on Thursday.
- Key economic data:
Consumer price inflation numbers will be released from Australia on Wednesday. Flash April inflation numbers will be released from Germany on Thursday. Consumer price inflation numbers from Japan will also be released on Thursday. The first quarter flash GDP number will be released on Friday.
- US earnings:
194 companies from the S&P 500 are scheduled to report first-quarter earnings this week. Big names include Hasbro, McDonald’s, Baker Hughes, Chipotle, Lockheed Martin, Amazon, Microsoft, and Twitter.
- Trump:
The US President Donald Trump has promised last week that in this week he has an important announcement to make with regard to tax reforms. The announcement is likely to come on Wednesday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.
