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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast With Ravindra Rao | 10th April 2023
Description: Highlights of this week's Commodity Podcast:1. It was another data loaded week that came to an end where precious metals and oil moved higher, whereas natural gas and base metals traded lower.2. The week witnessed a surprise production cut by OPEC + whereas US Labour market is starting to show weakness. U.S. non-farm payroll (NF) however came in line with expectation raising questions as to when the Fed's tightening cycle will end.3. The US dollar slipped below 102 levels last week as a cooling labor market buoyed hopes of Fed changing its monetary policy stance. 4. COMEX Gold prices saw another weekly...