FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 2 percent y/y in November.
- Australia: Building permits down 9.1 percent in November, down 32.8 percent from a year ago.
Upcoming:
- Germany: November trade balance report will be published at 7:00 GMT.
- Switzerland: December CPI inflation report will be released at 7:30 GMT. Forex reserve details will be announced at 8:00 GMT.
- France: December consumer confidence report will be released at 7:45 GMT.
- Eurozone: ECB is holding its non-monetary policy meeting today. Unemployment report will be published at 10:00 GMT.
- Italy: November unemployment report will be published at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. FOMC member Bostic is set for a speech at 13:20 GMT, Evans at 14:00 GMT, and Rosengren at 16:30 GMT. EIA will release weekly crude oil inventory report at 15:30 GMT. FOMC will release minutes of the December meeting at 19:00 GMT.
- Canada: BoC will announce rate decision at 15:00 GMT, followed by a press conference at 15:15 GMT.
- United Kingdom: BoE’s Carney is set for a speech at 15:30 GMT.
- Auction: the U.S. will auction 10-year note at 18:00 GMT.
