Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings index up 0.8 percent y/y in April.
- Australia: Q1 GDP grew 1 percent q/q, up 3.1 percent from a year ago.
Upcoming:
- Eurozone: ECB’s Praet is set for a speech at 6:30 GMT.
- Spain: Industrial output report will be released at 7:00 GMT.
- Switzerland: CPI inflation report will be released at 7:15 GMT.
- United Kingdom: MPC member Tenreyro is set for a speech at 10:40 GMT, and McCafferty at 16:00 GMT.
- Canada: Building permits report will be released at 12:30 GMT, along with April trade balance report and followed by IVEY PMI report at 14:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. April trade balance report will be released at 12:30 GMT, along with Q1 non-farm productivity report and labor costs report. EIA will release weekly crude oil inventory report at 14:30 GMT.
- Australia: AiG performance of construction report will be released at 22:30 GMT.
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FxWirePro: Daily Commodity Tracker - 21st March, 2022 



