Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI declines to 54 in December.
- China: Caixin services PMI rose to 53.9 in December.
Upcoming:
- United Kingdom: Nationwide house price report will be released at 7:00 GMT, followed lending reports, mortgage approvals and money supply reports will be released at 9:30 GMT.
- Spain: Markit services PMI report will be released at 8:15 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT.
- France: Markit services PMI report will be released at 8:50 GMT.
- Germany: Markit services PMI report will be released at 8:55 GMT.
- Eurozone: Markit services PMI report will be released at 9:00 GMT.
- United States: Challenger jobs report will be published at 12:30 GMT, followed by ADP employment report 13:15 GMT and weekly jobless claims report at 13:30 GMT. Markit services PMI report will be released at 14:45 GMT. EIA will release the weekly natural gas report at 15:30 GMT, and weekly oil report at 16:00 GMT. Fed’s Bullard is scheduled to speak at 18:30 GMT.
- Canada: Raw material and industrial product price report will be released at 13:30 GMT.
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