Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
UK Inflation Rises to 2.9% in July as Energy Costs Climb 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Switzerland Industrial Production Jumps 5.5% in Q2 2026 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
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Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations declined to 3.3 percent in September from 3.5 percent in August. Unemployment rate in August declined to 5.6 percent.
Upcoming:
- Switzerland: SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Retail sales for August will be reported at 8:30 GMT. BoE will announce rate decision at 11:00 GMT.
- Greece: Unemployment rate for the second quarter will be published at 9:00 GMT.
- Eurozone: Trade balance for July and CPI for August will be announced at 9:00 GMT.
- United States: Lots of data from U.S. today. Current account for second quarter will be published at 12:30 GMT, along with New York Empire State manufacturing index, producer price index and retail sales. Weekly jobless claims report will also be released about the same time. Industrial production for August will be reported at 13:15 GMT. EIA will release natural gas inventory report at 14:30 GMT.
