Commodity Catchup With Madhavi Mehta | 12th September 2022
Kotak Market Mantra di Kotak Securities
Note sull'episodio
Highlights of this week's Commodity Podcast:
- Commodities ended largely higher on weaker U.S. dollar and improved risk sentiment.
- The U.S. dollar index ended lower for the first time in 3 weeks on reduced safe haven demand.
- ECB raised interest rate by 0.75%, in line with expectations, and pointed towards further hikes.
- China’s trade surplus narrowed to $79.39 billion on slower exports growth; exports rose 7.1% as against a forecast of 12.8% growth.
- China’s city of Chengdu extended a lockdown for most of its more than 21 million residents.
- E.U. energy ministers discussed a plan to put a price cap on Russian gas but failed to reach a consensus.
- Russian President has threatened to halt oil and gas exports to Europe if price caps are imposed.
- The U.S. Energy Department says White House wa ...