US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Middle East Conflict Impacts Australia and New Zealand Businesses 
Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand 
Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress 
Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets 
Oil Prices Rebound Slightly After Sharp Drop on Iran Deal Hopes 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Oil Prices Slide as Middle East Tensions Ease and U.S. Crude Inventories Shrink 
Fitch Upgrades Argentina to B- as Milei Reforms Strengthen Economy 
Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength 
Italy Services PMI Nears Stabilization as Middle East Tensions Push Costs Higher 
Lots of data and events today and some with high risks associated.
Data released so far:
- Japan: Markit services PMI for October rose to 50.5
- Australia: Retail sales rose by 0.6 percent in September.
Upcoming:
- Spain: Markit services PMI will be released at 8:15 GMT.
- Italy: Markit services PMI will be released at 8:45 GMT.
- France: Markit services PMI will be released at 8:50 GMT.
- Germany: Markit services PMI will be released at 8:55 GMT.
- Eurozone: Markit services PMI report will be published at 9:00 GMT, followed by producer price inflation numbers for September at 10:00 GMT.
- Canada: Unemployment report for October and trade balance for September will be released at 12:30 GMT.
- United States: NFP report for October and trade balance report for September will be published at 12:30 GMT.
