Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- G20: The much anticipated two-day G20 meeting begins today in Osaka Japan.
- Australia: Private sector credit growth slowed to 3.6 percent y/y in May.
Upcoming:
- Japan: Housing starts and construction orders report due at 5:00 GMT.
- Spain: Q1 GDP report due at 7:00 GMT, followed by retail sales report at 8:00 GMT.
- Germany: Import price inflation report due at 6:00 GMT.
- France: CPI inflation report due at 6:45 GMT.
- United Kingdom: Q1 GDP report will be published at 8:30 GMT.
- Italy: HICP inflation report will be released at 9:00 GMT, and PPI inflation 10:00 GMT.
- Eurozone: CPI inflation report due at 9:00 GMT.
- United States: Personal consumption and expenditure report due at 12:30 GMT, followed by Chicago PMI report at 14:00 GMT.
- Canada: April GDP report will be released at 12:30 GMT. Bank of Canada (BoC) will release its business outlook survey at 14:30 GMT.
