Wall Street Futures Slip After Record Rally Fueled by Iran Peace Hopes and AMD Surge 
Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations 
Gold Prices Rise as Weak Dollar and Lower Oil Prices Boost Safe-Haven Demand 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Currencies Hold Steady as RBA Rate Hike and Middle East Tensions Shape Market Sentiment 
Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears 
European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment 
Japan Signals Readiness for More Yen Intervention Ahead of Bessent Visit 
Not many economic dockets and events scheduled for today but some with very high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings rose by 1.3 percent in June from a year ago.
Upcoming:
- Japan: Coincident and leading economic index for June will be released at 5:00 GMT.
- Germany: Factory orders for June will be released at 6:00 GMT. Prior -0.2 percent y/y.
- France: Trade balance data for June along with budget will be released at 6:45 GMT.
- Spain: Industrial output details for June will be released at 7:00 GMT.
- Switzerland: FX reserve for July will be released at 7:00 GMT.
- United Kingdom: Halifax house prices data for July will be released at 7:30 GMT.
- Italy: Industrial output for June will be released at 8:00 GMT.
- United States: NFP report will be released at 12:30 GMT, along with trade balance.
- Canada: Trade balance for June will be released at 12:30 GMT, along with employment report and followed by IVEY PMI at 14:00 GMT.
