India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
The People’s Bank of China (PBoC) is expected to raise the interest rates on its MLF loans by 10 basis points again as the Federal Reserve remains on track to deliver a 25 basis points rate hike next Thursday.
PBoC Deputy Governor Chen Yulu said at a forum on Saturday that the central bank will purse "neither loose nor tight" monetary policy to ensure liquidity remains basically stable, creating a "neutral and appropriate" financial environment for supply-side reform.
Further, the central bank on Monday resumed 28-day reverse repo sales to inject liquidity into the banking system ahead of the half-year end when the so-called Macro-Prudential Assessment (MPA) for Q2 is due.
"Meanwhile, we stay watching the headlines on US political controversy and ECB monetary policy meeting that could dampen market sentiment and undermine most EM Asian currencies," Scotiabank commented in its latest research report.
