FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings down 0.3 percent y/y in July.
- Australia: GDP grew by 0.8 percent q/q, up 1.8 percent from a year ago.
Upcoming:
- Germany: Factory orders report for July will be published at 6:00 GMT.
- Italy: Retail sales report for July will be published at 8:00 GMT.
- United States: Mortgage report will be published at 11:00 GMT, followed by July trade balance at 12:30 GMT. ISM non-manufacturing report will be published at 14:00 GMT, along with TIPP economic optimism report. Fed will release the beige book at 18:00 GMT.
- Canada: Trade balance report for July will be released at 12:30 GMT, along with Labor productivity report. BoC will announce interest rate decision at 14:00 GMT.
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