Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: Credit card spending up 7 percent y/y in February.
Upcoming:
- United Kingdom: ILO unemployment report will be published at 9:30 GMT. CBI will release industrial order survey report at 11:00 GMT.
- United States: MBA mortgage applications report will be published at 11:00 GMT, followed by current account balance report for the fourth quarter at 12:30 GMT and existing home sales report at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT. Fed will announce monetary policy at 18:00 GMT, followed by the press conference at 18:30 GMT.
- Switzerland: SNB will release quarterly bulletin at 14:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 20:00 GMT.


Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



