Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
German Industry Employment Falls to Lowest Level in a Decade 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Few economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- New Zealand: ANZ business confidence improved to 21.7 in December. ANZ activity outlook improved to 39.6 percent in December.
- China: House price index rose 12.6 percent y/y in November.
Upcoming:
- Germany: IFO sentiment report will be released at 9:00 GMT. Bundesbank will release its monthly report at 11:00 GMT.
- Eurozone: Third quarter labor cost will be released at 10:00 GMT, along with construction output for October.
- Australia: CB leading indicator for October will be published at 13:30 GMT.
- United States: Flash services PMI data will be published at 14:45 GMT.
- New Zealand: Food price index for October will be published at 21:45 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
