Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
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.
