Trump Unveils $3 Billion U.S. Critical Minerals Push 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
US Stock Futures Rise as Markets Await July Payrolls Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
The USD/HKD currency spot is expected to hover around 7.85 in the run-up to the G-20 Osaka Summit, with rising upside risks to USD/HKD forwards. If risk sentiment improves, USD/HKD will slide in response as HKMA aggregate balance has shrunk markedly, according to the latest research report from Scotiabank.
The yuan’s weakness has weighed on the HKD despite a steady USD/HKD yield spread. Mainland Chinese investors have turned net buyers of Hong Kong shares again amid escalating US-China trade tensions.
The PBoC has stepped up efforts to stabilize market expectations of the yuan exchange rate, keeping USD/CNY fixing below 6.90.
However, the yuan would face increasing depreciation pressure should China fail to deescalate trade tensions with the US at the G-20 Osaka Summit set for 28-29 June, the report added.
