Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI declines to 52.5 in May.
- Australia: Westpac leading index up 0.2 percent in May. Construction works down in the first quarter down 0.2 percent.
Upcoming:
- France: ILO unemployment report for the first quarter will be released at 5:30 GMT. Flash PMI reports will be released at 7:00 GMT.
- Germany: Flash services PMI reports will be released at 7:30 GMT.
- Eurozone: Flash services PMI reports will be released at 8:00 GMT.
- United Kingdom: UK inflation reports (RPI, CPI, PPI, and HPI) will be released at 8:30 GMT. CBI trade survey report will be released at 10:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Flash PMI reports will be released at 13:45 GMT. New home sales report will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes at 18:00 GMT. Fed’s Kashkari is set for a speech at 18:15 GMT.
- New Zealand: April trade balance report will be released at 22:45 GMT.
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