RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
This week is again extremely risk-heavy both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
US Federal Reserve will announce interest rate decision on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. Bank of England (BoE) will announce interest rate decision on Thursday. Bank of Japan (BoJ) will announce interest rate decision on Friday.
- Key data:
Several key economic dockets are scheduled for release this week. China money supply data on Tuesday along with UK inflation data and US producer price inflation. On Wednesday, China will release retail sales numbers along with investment data and industrial production. On the same day, UK will release unemployment report and U.S. will release CPI inflation report. Retail sales report from the UK is due on Thursday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Middle East and Korean peninsula are likely to keep influencing the market.
