Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
ECB May Stop Rate Hikes After December, Capital Economics Says 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: House price growth in May declined to 10.4 percent y/y.
- Australia: New motor vehicle sales grew 2.9 percent in May, up 4.9 percent from a year ago.
Upcoming:
- United Kingdom: Brexit negotiations officially begins today.
- Eurozone: Construction output report for April will be published at 9:00 GMT.
- United States: Fed’s William Dudley is scheduled to speak today at 12:00 GMT. Evans is scheduled to speak at 23:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT. Spain will auction 10-year bond today.
