Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- OPEC and N-OPEC meetings scheduled today. Outcome expected at 15:00 GMT.
- Spain: First quarter GDP report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by April trade balance report at 9:00 GMT.
- United Kingdom: first quarter flash GDP numbers will be published at 8:30 GMT. Business investment report for the first quarter will be published at 9:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with goods trade balance for April. Kansas Fed manufacturing report will be published at 15:00 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC member Brainard is scheduled to speak at 14:00 GMT.
- Japan: Tokyo and National CPI reports will be published at 23:30 GMT.


RBA Holds Rates but Warns of Rising Inflation Pressures
South Korea Warns Weak Won Could Push Inflation Higher in 2025
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data
FxWirePro: Daily Commodity Tracker - 21st March, 2022 



