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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast by Ravindra Rao | 5th February 2024
Description: Highlights of this week's Commodity Podcast:1.The global financial landscape experienced fluctuations throughout the week, with investor confidence swaying due to concerns in the US banking sector and evolving expectations regarding Federal Reserve interest rate cuts.2.During the January Federal Open Market Committee (FOMC) meeting, the Federal Reserve decided to keep the funds rate unchanged at 5.25% - 5.5%, marking the fourth consecutive meeting at this level.3.Strong US job data for January and stable unemployment rates contributed to a decrease in market expectations for interest rate cuts. 4.COMEX Gold prices witnessed a...