South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up by 0.4 percent y/y in February. Leading economic index marginally declines to 104.4 in February, while Coincident index improves to 115.5 in February.
Upcoming:
- Switzerland: March unemployment report will be published at 5:45 GMT, followed by forex reserve data at 7:00 GMT.
- Germany: February Industrial production numbers will be reported at 6:00 GMT, along with trade balance data.
- France: Trade balance and February budget numbers will be published at 6:45 GMT.
- Spain: February Industrial output report will be published at 7:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT, followed by industrial and manufacturing production numbers for February at 8:30 GMT, along with February trade balance report. BoE governor Carney is scheduled to speak at 9:00 GMT. NIESR will release GDP estimate at 12:00 GMT.
- Italy: Retail sales report will be published at 8:00 GMT, followed by wage inflation report will be released at 9:00 GMT.
- United States: NFP report will be published at 12:30 GMT, followed by wholesale inventories report at 14:00 GMT.
- Canada: Unemployment report for March will be released at 12:30 GMT, followed by IVEY PMI at 14:00 GMT.
