Commodity Catch-up with Madhavi M...
Commodity Catch-up with Madhavi Mehta | 25th July 2022

Kotak Market Mantra por Kotak Securities

Notas del episodio

Highlights of this week's Commodity Podcast:

- Commodities end 5-week losing streak as the US dollar succumbs to profit taking.

- Gold recovers from March 2021 lows to end higher.

- Industrial metals end higher led by nickel; crude ends little changed.

- The US dollar index ended lower marking its first decline in four weeks; disappointing US data and reduced safe haven buying weighed on the US dollar.

- US DJIA index ended higher for the second time in three weeks; Chinese markets recovered after two weeks of losses.

- ECB raised interest rate by 0.5% to bring inflation under control; Bank of Japan reaffirms support for accommodative policy.

- US services PMI fell to 47 in July reflecting contraction in the sector.

- ADB cut GDP growth forecast for developing Asia from 5.2% to 4.6%.

- WHO dec ... 

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