PREVIOUS TRADING DAY EVENTS 21 March 2023

Announcements 

The US studies how to proceed to guarantee all bank deposits if this banking crisis expands further. The Treasury Department checks whether federal regulators have enough emergency authority to temporarily insure deposits greater than the current 250,000 cap on most accounts without formal consent. Regulators have already taken steps to help banks keep up with any demands for withdrawals, however, it might not be enough. Sourcehttpswww.bnnbloomberg.ca
Japanese banks were closed in observance of Vernal Equinox Day.
The Reserve Bank of Australia policymakers noted that inflation remained well above central banks targets. It is expected that a 25 basis points bps rate hike for Marchs monetary policy will be applied. Source rba.gov.au

Summary Daily Moves Winners vs Losers

Today, the figures show that AUD has been gaining ground with an overall change for the AUDJPY to be 0.63.
During the last three days, Gold has been falling with a 2.27 change. Silver is also falling with a 1.11 change. EURJPY had the most positive change in the last couple of days, 1.32.
For this month, both Gold and Silver gained the most ground with large changes of approximately 6 and 7 respectively.  

News Reports Monitor Previous Trading Day 21 March 2023

Midnight    Night Session Asian

No important figuresrelease The release of the Monetary Policy Meeting Minutes for Australia at 230 GMT 2 could have a slight impact…