New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
Dollar Gains as Middle East Tensions and Rising Oil Prices Support Safe-Haven Demand 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
India-US Trade Talks Advance Toward $500 Billion Goal Amid Ongoing Negotiations 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- New Zealand: RBNZ inflation expectation rose by 2.2 percent y/y.
Upcoming:
- Spain: Industrial output report for March will be published at 7:00 GMT.
- Switzerland: Forex reserve details will be published at 7:00 GMT.
- Eurozone: European Commission is expected to release economic growth forecast today.
- United States: Non-farm payroll report will be released at 12:30 GMT.
- Canada: Unemployment report will be released at 12:30 GMT, followed by IVEY PMI report at 14:00 GMT. Fed’s Williams is scheduled to speak at 16:45 GMT, Rosengren, Yellen and Evans at 17:30 GMT.
