Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions 
Global Motor Oil and Auto Paint Shortages Persist Despite Potential U.S.-Iran Peace Deal 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Myanmar Economic Outlook Hit by Fuel Price Shock as World Bank Cuts Growth Forecast 
German Industry Employment Falls to Lowest Level in a Decade 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Japan Trade Deficit Narrows as Exports Surge in May 
ADP employment report was released from the United States yesterday and the report showed that the U.S. manufacturing revival is continuing under President Trump and the sector is adding jobs at a faster pace in more than a decade.
Since the inauguration of President Trump, the U.S. economy added manufacturing jobs every month, which is the longest net hiring stretch in the history of ADP’s employment report. Since January 2017, the U.S. economy added 314,000 jobs in the manufacturing sector and with President Trump working on the trade agreements, more jobs are likely to follow.
The biggest risk to the global economy remains the jobs, which will be lost in economies outside the United States, thanks to this manufacturing revival.
