Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Economic sentiment in Germany remained unchanged during the month of December, pointing to a stable economic growth over the next six months.
Germany’s index of economic sentiment remained at 13.8, coming in just a touch below expectations for a reading of 14.0, data released by the latest survey form the ZEW Center for European Economic Research in Mannhei showed Tuesday. However, the current situation index rose to 63.5 from 58.8 the month before, beating estimates of 59.1.
The ZEW survey reflects the assessment of financial analysts and institutional investors, while many economists prefer to look at business surveys--such as the purchasing managers' index--to gauge the underlying strength of Europe's largest economy.
"Investor confidence does not always correlate with economic sentiment, but the unchanged headline overall points to a relatively subdued IFO print in December," said Achim Wambach, President, ZEW.
Meanwhile, the EUR/USD traded at 1.06, down -0.24 percent, while at 10:00GMT, the FxWirePro's Hourly Euro Strength Index remained highly bearish at -113.30 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
