BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance came at 30 percent in November.
- Australia: Trade deficit for October came at 1.54 billion. Imports rose by 2 percent and exports by 1 percent.
- China: Trade balance for November came at $44.61 billion. Imports rose by 13 percent y/y and exports rose by 5.9 percent.
- Japan: Eco watchers survey outlook improved to 49.1 and current improved to 48.6.
Upcoming:
- France: Third quarter non-farm payroll report will be released at 6:30 GMT, followed by Industrial output for October at 7:45 GMT.
- Eurozone: ECB will announce interest rate decision at 12:45 GMT, followed by press conference at 13:30 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- Canada: Housing starts November report will be published at 13:15 GMT, followed by Building permits and new house prices at 13:30 GMT.
- New Zealand: Electronic card retail sales will be reported at 21:45 GMT.
