Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
The U.S. Treasuries remained flat Friday ahead of the Federal Open Market Committee (FOMC) members James Bullard and Neel Kashkari’s speech, scheduled to be held later in the day.
The yield on the benchmark 10-year Treasury remained flat at 2.41 percent, the super-long 30-year bond yields hovered around 3.03 percent and the yield on short-term 2-year note traded steady at 1.28 percent.
Financial markets registered a slight increase in risk aversion following the US Administration’s failure to pass the health care bill in Congress on Friday. Further, equities extended their declines, especially the banking sector, as expectations of reflationary policy faltered. The movement in US assets dragged down global stocks and pushed up sovereign bond prices.
Reacting to today’s modest improvement in risk sentiment, US Treasuries edged lower but their losses were limited. Lastly, next week’s manufacturing PMI will remain vital in deciding the future movements in the bond market.
Meanwhile, the S&P 500 Futures fell 0.17 percent or 4.00 points to 2,360.50 by 12:10GMT, while at 12:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -31.91 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
