Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Croatia Weighs Ante Zigman for Central Bank Governor Role in Key ECB Transition 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Sri Lanka Central Bank Surprises Markets With 100 Basis Point Rate Hike Amid Inflation and Currency Pressure 
Uruguay Central Bank Holds Interest Rate at 5.75% Amid Inflation and Oil Price Concerns 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: ANZ business confidence index declined to -38.1 in June from -32 in May. Activity outlook index declined to 8 percent from 8.5 percent.
Upcoming:
- Spain: HICP inflation report due at 7:00 GMT.
- Italy: Business and consumer confidence reports will be released at 8:00 GMT, followed by the trade balance report.
- Switzerland: ZEW economic survey report will be released at 8:00 GMT.
- Eurozone: Confidence reports will be released at 9:00 GMT.
- Germany: HICP inflation report due at 12:00 GMT.
- United States: Weekly jobless claims report due at 12:30 GMT, followed by pending home sales report at 14:00 GMT. Kansas Fed will release manufacturing report at 15:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- United Kingdom: GFK consumer confidence report due at 23:00 GMT.
- Japan: Tokyo inflation report due at 23:50 GMT, along with industrial production for the month of May.
- Auction: the U.S. will auction 1-month bills at 15:30 GMT, and 5-year note at 17:00 GMT.
