Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Not many economic dockets scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Wages grew by 0.5 percent in the second quarter, up 2.1 percent from a year ago. Westpac leading index grew 0.05 percent in June.
Upcoming:
- United Kingdom: Unemployment report will be released at 8:30 GMT.
- Switzerland: Zew survey expectations for August will be released at 9:00 GMT.
- United States: MBA mortgage applications will be reported at 11:00 GMT, followed by FOMC minutes at 18:00 GMT. EIA will release weekly crude oil report at 14:30 GMT. Fed’s Bullard is scheduled to speak at 17:00 GMT.
- Japan: Trade balance for July would be announced at 23:50 GMT.
