Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- China: China’s trade balance came at $4.12 billion, with exports declining 20.7 percent y/y in February, and imports declining 5.2 percent y/y.
Upcoming:
- Germany: January Factory orders report will be released at 7:00 GMT.
- France: January trade balance report will be released at 7:45 GMT.
- Spain: industrial output report for the month of January will be published at 8:00 GMT.
- Italy: January industrial output report will be published at 9:00 GMT, followed by the PPI inflation report at 10:00 GMT.
- United States: January building starts and permits report will be released at 13:30 GMT, along with the February non-farm payroll report.
- Canada: Unemployment report will be published at 13:30 GMT.
