U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
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Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance improves to 3.51 billion with exports rising 5 percent and imports by 1 percent. Building permits declined 11.4 percent in December from a year ago.
Upcoming:
- Japan: Consumer confidence report for January will be released at 5:00 GMT.
- Spain: January unemployment change will be reported at 8:00 GMT.
- Switzerland: Real retail sales report will be published at 8:15 GMT.
- Eurozone: Economic bulletin will be published at 9:00 GMT. Producer price inflation for December will be reported at 10:00 GMT. ECB president Draghi is scheduled to speak at 12:15 GMT.
- United Kingdom: Markit construction PMI report will be published at 9:30 GMT. BoE will announce monetary policy at 12:00 GMT.
- United States: Weekly jobless claims report will be published at 13:30 GMT, along with non-farm productivity report and unit labor cost report. TIPP economic optimism report will be published at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Australia: AiG performace of services index will be published at 22:30 GMT.
- Japan: BoJ will release monetary policy minutes at 23:50 GMT.
