Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Lots of economic dockets scheduled for today and some with high risks associated.
Data released so far:
- China: Retail sales in September grew by 10.7 percent y/y. Industrial production growth declined to 6.1 percent. Urban investments grew by 8.2 percent y/y in September. GDP grew by 1.8 percent in the third quarter.
Upcoming:
- United Kingdom: ILO unemployment report will be published at 8:30 GMT.
- Eurozone: Construction output report for August will be released at 9:00 GMT.
- United States: MBA mortgage application data is scheduled for release at 11:00 GMT, followed by Housing starts change and Building permits for September at 12:30 GMT. FOMC member Williams is scheduled to speak at 12:45 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release Biege Beige book report at 18:00 GMT.
- Canada: BoC will announce its monetary policy decision at 14:00 GMT.
- Auction: UK will auction 10 year bond today.
