RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales down 4.4 percent in April. Private sector credit up 4.8 percent.
- Japan: Vehicle production up 3.8 percent y/y in April.
Upcoming:
- Japan: Housing starts, construction orders, and consumer confidence reports will be released at 5:00 GMT.
- Germany: Import price inflation report will be released at 6:00 GMT, along with May retail sales report, and followed by unemployment report at 8:00 GMT.
- France: PPI inflation report will be released at 6:45 GMT.
- Switzerland: KOF leading indicator will be updated at 7:00 GMT.
- Spain: April current account balance report will be released at 8:00 GMT.
- United Kingdom: Q1 GDP report will be released at 8:30 GMT, along with the lending report, and money supply numbers.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: Personal income and spending report will be released at 12:30 GMT, followed by Michigan consumer sentiment report.
- Canada: Industrial product and raw material price report will be released at 12:30 GMT, along with April GDP report.
