Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Yesterday, U.S. Commerce Department announced that it has finished its preliminary investigations on imports of rubber bands from China and found that Chinese exporters received countervailing subsidies to the tune of $125.77 million. The investigation was initiated based on a petition filed by Alliance Rubber Company of Arizona.
The department has now asked the U.S. Customs and Border Protection Agency (CBP) to collect cash deposits from importers based on the above-mentioned rate. According to the department’s calculations, U.S. imported $4.9 million worth of rubber bands from China in 2017.
The Commerce Department has significantly stepped up AD & CVD (Countervailing duties) investigations and actions under the Trump administration. The number of investigations initiated and settled in the first 529 days is 30 percent more than the previous administration.
