FxWirePro: Daily Commodity Tracker - 21st March, 2022 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Not many of economic data and events scheduled for today, but some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity price index rose 0.7 percent in January.
- Australia: TD securities inflation index rose 0.3 percent in January.
- Japan: Markit services PMI came at 51.9 in January.
- China: Caixin services PMI rose to 54.7 in January.
Upcoming:
- 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. Sentix investor confidence report will be released at 9:30 GMT, followed by retail sales report will be released at 10:00 GMT.
- United States: Markit services PMI report will be released at 14:45 GMT, followed by ISM non-manufacturing report at 15:00 GMT.
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