FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI edged higher in March to 52.9
- Australia: ANZ commodity price index grew 0.4 percent in March.
Upcoming:
- Spain: Markit services PMI for March will be reported at 7:15 GMT.
- Japan: BoJ governor Kuroda’s speech scheduled at 7:15 GMT.
- Italy: Services PMI report will be released at 7:45 GMT, followed by wage inflation report at 9:00 GMT.
- France: Services PMI report for March will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- United States: MBA mortgage report at 11:00 GMT, followed by ADP employment report at 12:15 GMT. Markit services PMI report will be released at 13:45 GMT and ISM non-manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting at 18:00 GMT.
