FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Lot of economic dockets scheduled for today but all with low to medium risks associated.
Data released so far:
- Australia: Consumer price index rose 1 percent y/y in second quarter. RBA trimmed mean CPI rose 1.7 percent y/y in second quarter.
Upcoming:
- Germany: Import price index for June will be released at 6:00 GMT. Prior -5.5 percent. GFK consumer confidence will be released along.
- Switzerland: UBS consumption indicator will be released at 6:00 GMT.
- France: Producer prices and consumer confidence will be released at 6:45 GMT.
- Spain: Retail sales for June will be released at 7:00 GMT. Prior 2.3 percent.
- Italy: Consumer and business confidence will be released at 8:00 GMT.
- Eurozone: Private loans and money supply data will be released at 8:00 GMT.
- United Kingdom: Second quarter GDP flash reading will be released at 8:30 GMT. CBI distributive trade survey report will be released at 10:00 GMT.
- United States: MBA mortgage applications data will be released at 11:00 GMT, followed by Durable goods orders at 12:30 GMT and pending home sales report at 14:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. FOMC will announce monetary policy decision at 18:00 GMT.
