FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation 
Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar 
Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
China's Services Sector Maintains Growth Streak Despite March Slowdown 
China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says 
U.S. Job Market Braces for Slow Recovery Amid Middle East Tensions and Economic Uncertainty 
The United States national home prices edged higher during the month of July, strengthening probabilities of a December interest rate hike by the Federal Reserve. However, price appreciation in the 20-City Index has shown signs of cooling off.
The S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas rose 5 percent in July on a year-over-year basis, retreating from the 5.1 percent climb in June against a 5.1 percent increase according to a Reuters poll of economists.
Further, monthly price declines in Chicago, New York and San Francisco have contributed to some of the reported softness in the 20-City Index. Affordability remains a key challenge, however, as home price appreciation continues to outpace wage growth.
Also, Portland, Seattle and Denver continue to see prices rise sharply. On a year-over-year basis, the three cities have reported nation-leading gains in each of the past six months.
