South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
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 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Italy's banking sector is saddled with 356 billion euros of bad loans, around a third of the euro zone's total. Monte dei Paschi di Siena the country's third-largest lender is pushing ahead with a private rescue plan that is widely expected to fail.
According to the private rescue plan advised by investment banks JPMorgan and Mediobanca, Monte dei Paschi di Siena plans to raise equity to remove 28 billion euros in bad loans from its books. The bank has until December 31 to raise €5 billion in equity or face being wound down by the European Central Bank, potentially triggering a wider banking and political crisis in Italy.
La Repubblica newspaper on Thursday reported as sources close to the matter saying that the government will pump €15 billion into the Siena-based lender and several other smaller banks to prevent such a crisis. Unlisted regional banks Banca Popolare di Vicenza and Veneto Banca, which were rescued this year by a state-backed fund, may also get support from the state, sources said.
