Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
BOJ Signals Possible December Rate Hike as Yen Weakness Raises Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: Fixed asset investments up 7 percent y/y in March. Industrial production rose by 7 percent y/y in March. Retail sales grew 9.4 percent y/y.
Upcoming:
- Germany: Q1 GDP report will be released at 6:00 GMT, followed by ZEW survey report at 9:00 GMT.
- France: Consumer price inflation report will be released at 6:45 GMT, along with Q1 nonfarm payrolls report.
- Switzerland: April producer price inflation report will be published at 7:15 GMT.
- United Kingdom: ILO unemployment report will be released at 8:30 GMT.
- Eurozone: Q1 GDP report will be released at 9:00 GMT, along with ZEW survey report.
- United States: FOMC member Kaplan is set for a speech at 12:00 GMT. New York empire state manufacturing report will be released at 12:30 GMT, along with retail sales, and followed by NAHB housing market report at 14:00 GMT. FOMC member Williams is set for a speech at 17:00 GMT
- Japan: Q1 GDP report will be released at 23:50 GMT.
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