FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for November came at A$1.243 billion.
- Japan: Labor cash earnings rose by 0.2 percent y/y in November.
Upcoming:
- Germany: Factory orders for November will be released at 7:00 GMT, along with retail sales.
- Switzerland: December forex reserve data will be published at 8:00 GMT.
- Eurozone: Confidence data for December will be released at 10:00 GMT, along with retail sales report.
- United States: Trade balance for November will be published at 13:30 GMT, along with NFP report for December, followed by November factory orders and durable goods orders at 15:00 GMT. Fed’s Evans is scheduled to speak on economy and policy at 17:15 GMT. Fed’s Lacker is scheduled to speak at Maryland Bankers’ association at 18:00 GMT.
- Canada: Payroll report for December will be released at 13:30 GMT.
