FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
ECB Signals Possible Rate Hike as Iran Conflict Fuels Inflation Concerns 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Sri Lanka Central Bank Surprises Markets With 100 Basis Point Rate Hike Amid Inflation and Currency Pressure 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- Japan: Nikkei flash PM down to 49.5 in June from 49.8 prior.
Upcoming:
- France: Flash PM reports due at 7:15 GMT.
- Germany: Flash PMI reports due at 7:30 GMT.
- Eurozone: Flash PMI reports due at 8:00 GMT.
- United Kingdom: Public sector net borrowing report will be published at 8:30 GMT, for the month of May.
- Canada: April retail sales report will be released at 12:30 GMT.
- United States: Flash PM reports will be released at 13:45 GMT, followed by existing home sales report at 14:00 GMT. Fed policymaker Lael Brainard’s speech at 16:00 GMT.
