RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Oil Prices Surge Amid Escalating U.S.-Iran Conflict and Strait of Hormuz Tensions 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears 
Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Spain: unemployment change report for April will be published at 7:00 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. First quarter flash GDP numbers and producer price inflation numbers for March will be published at 9:00 GMT.
- Germany: Unemployment change report will be released at 7:55 GMT.
- United Kingdom: Construction PMI for April will be released at 8:30 GMT.
- United States: MBA mortgage application numbers will be published at 11:00 GMT, followed by the release of ADP employment report at 12:15 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. FOMC will announce interest rate decision at 18:00 GMT.
- Auction: Germany will auction 10-year bond today.
