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Podcast: Let the Money Talk
Episode: Indian Commodities Market: Update on Base Metals Pack - Copper & Zinc | 22nd 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 22nd March 2024
The Federal Reserve kept its key interest rates unchanged on Wednesday. However it indicated its readiness to implement rate cuts in remaining 2024 by at least three-quarters by a percentage. After the initial reaction metals declined in the back of US Dollar strength.
While China's industrial production unexpectedly accelerated in February supported the market initiall. Then the attention turned to weaker...