IMF Forecasts Global Inflation Decline as Growth Remains Resilient 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- United Kingdom: RICS house price balance up 1 percent in October.
- Australia: Investment lending for homes down 6.2 percent in September. Home loans down 2.3 percent.
- China: Consumer price inflation up 1.9 percent y/y in October. Producer price inflation is up 6.9 percent y/y.
Upcoming:
- Japan: Eco Watchers’ survey report will be released at 5:00 GMT.
- Switzerland: Unemployment report for October will be released at 6:45 GMT. SNB chairman Jordon is set for a speech at 16:30 GMT.
- Germany: September trade balance report will be released at 7:00 GMT. Bundesbank President Weidmann is set for a speech at 18:00 GMT.
- Greece: Industrial production, CPI inflation, and unemployment report will be released at 10:00 GMT.
- Eurozone: European Commission will release economic growth forecast at 10:00 GMT. ECB Vice President Vitor Constancio to speak at 13:45 GMT, and member Sabine Lautenschläger at 18:20 GMT.
- Portugal: September trade balance and Q3 unemployment report will be released at 11:00 GMT.
- United Kingdom: NIESR will release GDP estimate at 13:00 GMT.
- United States: Weekly jobless claims report will be released at 13:30 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- New Zealand: Electronic card retail sales report will be released at 21:45 GMT.
- Canada: New house price index will be updated at 13:30 GMT.
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