Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Not many economic data and events scheduled for today, and all with low to medium volatility risks
Upcoming:
- Japan: All industry activity index will be updated at 4:30 GMT.
- Germany: November producer price inflation report will be released at 7:00 GMT.
- Eurozone: October current account output report will be released at 9:00 GMT.
- United Kingdom: CBI industrial trade survey report will be released at 11:00 GMT. BoE governor Carney is scheduled to speak at 11:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. Existing home sales report for November will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT.
- Canada: Wholesale sales report for October will be released at 13:30 GMT.
- New Zealand: Third quarter GDP report will be released at 21:45 GMT.
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