RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile 
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: First quarter GDP grew 1.4 percent, up 6.8 percent from a year ago. Fixed asset investments up 7.5 percent y/y. Industrial production up 6 percent y/y. Retail sales grew 10.1 percent y/y in February.
- Japan: No growth in February on a monthly basis, up 1.6 percent from a year ago.
Upcoming:
- Italy: March CPI inflation report will be released at 8:00 GMT, followed by trade balance report at 9:00 GMT.
- United Kingdom: ILO unemployment report will be released at 8:30 GMT.
- Germany: ZEW economic survey report will be released at 9:00 GMT.
- Eurozone: ZEW economic survey report will be released at 9:00 GMT.
- United States: Building permits and housing starts report will be released at 12:30 GMT, followed by industrial production report at 13:15 GMT. FOMC member William is set for a speech at 13:15 GMT, Quarles at 14:00 GMT, and Harker at 15:00 GMT, and Evans at 17:10 GMT.
- Japan: Trade balance report will be released at 23:50 GMT.
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