Commodity Catch-up With Madhavi M...
Commodity Catch-up With Madhavi Mehta | 4th July 2022

Kotak Market Mantra por Kotak Securities

Notas del episodio

Get an insight into the commodities market for the week with Madhavi Mehta.

- Commodities fell for another week as growth worries were coupled with stronger US dollar, weaker risk sentiment

- Industrial metals continued to be the worst performers; gold slumped below $1800/oz while crude oil witnessed mixed movement

- The US dollar index edged up on safe haven buying and Fed’s tightening stance

- US DJIA index lower for the fourth time in five weeks; Chinese equities ended higher for the fifth consecutive week

- The US 10-year bond yield slipped to over 1-month low as safe haven buying pushed bonds higher

- Fed Chairman Jerome Powell said there is a risk the US central bank's interest rate hikes will slow the economy too much, but the bigger risk is persistent inflation

- ECB President says said it’s unlik ... 

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