U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
BOJ Governor Ueda Meets Key Ministers as Markets Eye Policy Shifts Under New Leadership 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
The financial market participants are cautious on today’s speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this year’s most closely watched speech from a Federal Reserve Governor, other than Chair Janet Yellen’s. She is scheduled to speak at the Chicago Council on Global Affairs on the economic outlook and monetary policy at 13:15 ET or around 17:00 GMT. She is popularly known for her dovish remarks and caution towards interest rate increase.
Her speech was not formally scheduled until last Thursday, which has led to the speculation that she might change her usual tone as it would be Federal Reserve’s last chance to prepare the market for a rate hike next week at the FOMC meeting.
With so much speculation, it is best to prepare for some high volatility surrounding the speech.
