ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: House price index down 2.4 Percent in Q4, down 5.1 percent from a year ago.
Upcoming:
- Switzerland: February trade balance report will be released at 7:00 GMT.
- Italy: Trade balance report will be released at 9:00 GMT.
- United Kingdom: Unemployment report will be published at 9:30 GMT.
- Germany: ZEW survey report due at 10:00 GMT.
- Eurozone: Construction output and Labor cost report to be published at 10:00 GMT, along with ZEW survey report.
- United States: Factory orders report will be released at 14:00 GMT.
- New Zealand: Global dairy auction is scheduled today. Q4 current account balance report due at 21:45 GMT.
