Weekly Commodity Podcast With Ravindra Rao | 7th Nov 2022

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Kotak Market Mantra
Kotak Market Mantra
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Highlights of this week's Commodity Podcast: • Commodities staged a fantastic rally on Friday last week as metals to energy - everything gained. • The U.S. Dollar eased all its gains after the mixed to disappointing NFP print. • Crude oil prices jumped to 2-month highs buoyed by decline in stocks, fears of potential tensions between Saudi and Iran, and hopes of reopening of Chinese economy. • Focus will now turn to the inflation data from the U.S. and China due to be released in the week. • An inflation print more than expected might increase expectations of Fed rate hikes and that would be positive for the U.S. Dollar and vice versa.

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