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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast with Ravindra Rao | 13th Nov 2023
Description: Commodity Market Analysis and Outlook - 13th November - 17th November, 2023• Throughout the previous week, the Federal Reserve's communications played a pivotal role in shaping market sentiment.• Fed Chair Jerome Powell’s recent warning of potential further rate hikes brought an end to the market's optimistic tone that began the week on a high note.• On the data front, US consumers’ long-term inflation expectations increased to 4.4%, highest since 2011, compared to last month’s 4.2%.• The US Dollar that had dipped to a six-week low of 104.84 at the initial part of the week, rebounded clos...