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Podcast: Let the Money Talk
Episode: Indian Commodities Market: Update on Base Metals Pack - Copper & Zinc | 15th March 2024
Description: Welcome to the Let the Money Talk podcast by PhillipCapital India. In this episode, PhillipCapital's research analyst provides a view on the Base Metals Pack - Copper and Zinc dated 15th March 2024
U.S. inflation readings suggested that the Federal Reserve could reduce the number of rate cuts this year and may push the first cut beyond June 2024. US yields continue to rise following hotter-than-expected producer prices, adding to expectation that US federal reserve might stay less dovish. Rising yield is usually seen as a negative for gold which is non- interest bearing asset. With this as...