Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australia Bans Card Payment Surcharges Starting October 2025 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: GDP grew 0.3 percent in the first quarter, up 1.7 percent from a year ago.
Upcoming:
- Japan: Leading economic index and coincident index will be published at 5:00 GMT.
- Germany: Factory orders report for April will be released at 6:00 GMT.
- Spain: Industrial output report for April will be released at 7:00 GMT.
- Switzerland: April Forex reserve will be announced at 7:00 GMT.
- United Kingdom: Halifax house price report will be released at 7:30 GMT and RICS house price balance report will be released at 23:00 GMT.
- Italy: Retail sales report for April will be published at 8:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by TIPP economic optimism at 14:00 GMT. EIA will release weekly crude oil inventory at 14:30 GMT.
- Japan: 1st quarter GDP report will be released at 23:50 GMT, along with trade balance report for April.
