Thailand Inflation Remains Negative for 10th Straight Month in January 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
The U.S. Treasuries remained on the side-lines during Tuesday’s afternoon session amid a relatively quiet day ahead of FOMC member Williams’ speech, scheduled to be delivered today by 14:00GMT.
However, the country’s building permits and housing starts for the month of October are scheduled to be released today by 13:30GMT, which shall add direction to the debt market.
The yield on the benchmark 10-year Treasury yield jumped nearly 2 basis points to 1.826 percent, the super-long 30-year bond yield gained 1 basis point to 2.305 percent and the yield on the short-term 2-year surged 3 basis points to 1.621 percent by 11:30GMT.
Fed’s Mester, who had dissented against all three rate cuts this year, opined that “policy is now well calibrated to the economy” and “we’re in a good spot”, suggesting that the central bank is now effectively on hold. Meanwhile, Rosengren warned that “I wouldn’t want to distort financial markets to get that outcome” of inflation above 2 percent, OCBC Treasury reported.
Meanwhile, the S&P 500 Futures remained tad 0.26 percent higher at 3,129.88 by 11:35GMT.
