Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence 
India-US Trade Talks Advance Toward $500 Billion Goal Amid Ongoing Negotiations 
Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks 
Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Not many economic dockets and events scheduled for today and all with low to high risks associated.
Data Released so far:
- China: Urban investments grew 8.3 percent from a year ago. Industrial production grew 6.1 percent in October. Retail sales grew 10 percent from a year ago.
Upcoming:
- Japan: Industrial production number for September will be released at 4:30 GMT.
- Switzerland: Producer and import prices for October will be reported at 8:15 GMT.
- Italy: Consumer price inflation figures for October will be published at 9:00 GMT.
- Greece: Third quarter flash GDP number will be released at 10:00 GMT.
- Eurozone: Industrial production figure for September will be released at 10:00 GMT. ECB president Mario Draghi is scheduled to speak at 15:00 GMT.
- New Zealand: Third quarter retail sales figure will be published at 21:45 GMT.
- United States: Fed’s Lacker is scheduled to speak at 22:00 GMT and Williams is scheduled to speak at 23:30 GMT.
- Australia: Westpac leading economic index for October will be published at 23:30 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
