FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Wage price index rose 0.5 percent in the third quarter, up 2 percent from a year ago.
- China: FDI up 1.9 percent y/y in October.
- Japan: Industrial production down 1 percent in September, up 2.6 percent from a year ago.
Upcoming:
- France: Consumer price inflation report will be released at 7:45 GMT.
- United States: Fed’s Evans is scheduled to speak at 8:00 GMT. MBA mortgage applications report will be released at 12:00 GMT, followed by New York Empire State manufacturing report, Consumer price inflation report, and October retail sales report at 13:30 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. U.S. Treasury will report treasury securities inflow report for September.
- United Kingdom: ILO unemployment report will be released at 9:30 GMT. MPC member Haldane is scheduled to speak at 17:30 GMT.
- Eurozone: September trade balance report will be released at 10:00 GMT.
