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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast by Ravindra Rao | 20th Nov 2023
Description: Commodity Market Analysis and Outlook - 20th November - 24th November, 20231. Investors found relief last week as the latest data indicated a gradual slowdown in the US economy, fueling hopes of a Fed pivot.2. The US CPI data for October revealed a decrease in the headline inflation and the core CPI. Following the soft CPI figures, Fed swaps indicated almost zero odds of another hike, with the market pricing in a 50 basis-point rate cut by July.3. US weekly jobless claims rose to the highest in nearly three months, suggesting signs of a softening...