Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: December producer price inflation came at 4.9 percent y/y. Consumer price inflation rose 0.3 percent in December, up 1.8 percent from a year ago.
Upcoming:
- France: November industrial output report will be published at7:45 GMT.
- United Kingdom: Manufacturing and industrial production report will be published at 9:30 GMT, along with trade balance.
- United States: MBA mortgage applications report will be released at 12:00 GMT, followed by terms of trade report at 13:30 GMT. Fed’s Evans is scheduled to speak at 14:00 GMT. EIA will release weekly oil inventory report at 15:30 GMT. Fed’s Bullard is scheduled to speak at 18:30 GMT.
- Auction: The U.S. will auction 10-year note at 18:00 GMT.
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FxWirePro: Daily Commodity Tracker - 21st March, 2022
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 



