BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
This week is a quite heavy with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central banks:
Bank of Canada (BoC) will announce monetary policy decision on Wednesday. European Central Bank (ECB) will announce interest rate decision on Thursday. FOMC member Kashkari is scheduled to speak on Thursday.
- Key economic data:
Australia’s CPI inflation report will be released on Wednesday. UK’s third-quarter GDP numbers will be released on Wednesday. Japan’s Inflation report will be released on Thursday. U.S. third-quarter GDP report will be published on Friday.
- Geopolitics:
Catalonia’s regional parliament will convene on Thursday to decide further action. The Spanish government is expected to revoke Catalonia’s autonomy on Friday. Trump might announce his pick for next Fed chair this week.
- US earnings:
U.S. September S&P earnings season is set to continue this week with 189 companies reporting Q3 results. Big names include Alphabet, Microsoft, Amazon, Intel, Hasbro, Halliburton, Eli Lilly, United Technologies, Lockheed Martin, Boing, Ford, Chipotle and McDonald’s.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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