FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity prices rose by 2.7 percent in November.
- Australia: TD securities inflation rose by 0.1 percent in November, up 1.5 percent from a year ago. Companies’ gross operating profit rose by 1 percent in the third quarter.
- China: Caixin services PMI rose to 53.1 in November.
Upcoming:
- Japan: Consumer confidence number for December will be reported at 5:00 GMT.
- Spain: Industrial output for October will be announced at 8:00 GMT, followed by Markit services PMI at 8:15 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT.
- France: Services PMI report is scheduled to be released at 8:50 GMT.
- Germany: Services PMI at 8:55 GMT.
- United Kingdom: Markit services PMI number will be reported at 9:30 GMT.
- United States: Markit services PMI will be released at 14:45 GMT, followed by ISM non-manufacturing PMI at 15:00 GMT. Fed’s Dudley is scheduled to speak at 13:30 GMT, followed by Evans at 14:25 GMT, and Bullard at 19:00 GMT.
