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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast by Ravindra Rao | 4th Dec 2023
Description: Commodity Market Analysis and Outlook - 04th December - 8th December, 20231. Mixed Signals in the US Economy has Sparked Speculation on Rate Cuts and this has Impacted Global Markets2. Earlier in the week, the dollar slipped to a four-month low of 102.6 as two of the most hawkish Fed officials signalled a possible pause in rate hikes, reinforcing the belief that the current cycle may be completed3. The greenback rebounded to 103.59 by month-end, erasing weekly losses but still closed November with a notable 3% decline, marking its largest monthly drop in 20234. COMEX Gold...