Weekly Commodity Podcast by Ravin...
Weekly Commodity Podcast by Ravindra Rao | 4th Sept 2023

Kotak Market Mantra di Kotak Securities

Note sull'episodio
Highlights of this week's Commodity Podcast:• Last week witnessed a notable shift in market sentiments, suggesting that traders are beginning to see signs of improvement• The impact of the Federal Reserve's tightening measures appears to be taking shape, and the rollout of fresh stimulus measures in China has captured the attention of investors• The eagerly anticipated US Nonfarm Payrolls report pointed to a labor market that remains tight, supporting a recovery in the US dollar from lower levels• COMEX Gold surged to a three-week high of $1980.2 per troy ounce as the dollar initially slipped to 102.93, and US 10-year yields extended their pullback from 16-year highs• In terms of investment demand, holdings in the SPDR gold ETF rose from 884.04 tonnes in the previous week to 890.1 tonnes as of August 31st• Crude oil prices ended a two-week losing st ... 
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