BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Data released so far:
- Australia: Net employment rose by 9,800 and unemployment rate remained at 5.6 percent.
- China: Foreign direct investments rose by 4.2 percent y/y in October.
Upcoming:
- France: Third quarter ILO unemployment report will be released at 6:30 GMT.
- Italy: Trade balance report for September will be released at 9:00 GMT.
- United Kingdom: Retail sales report for October will be released at 9:30 GMT.
- Eurozone: Consumer price inflation data will be published at 10:00 GMT. ECB will release minutes at 12:30 GMT. ECB’s Praet is scheduled to speak at 21:45 GMT.
- United States: Consumer inflation statistics will be revealed at 13:30 GMT, along with Building permits, Housing starts, Philadelphia Fed manufacturing survey, and weekly jobless claims report. Fed’s William Dudley is scheduled to speak at 13:50 GMT. Fed’s Yellen is scheduled to testify before congress at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- New Zealand: Producer price index for the third quarter will be released at 21:45 GMT.
- Auctions: Spain will auction 3, 5, and 10-year bond today. UK will auction 30-year bond.
