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30-07-2024 04:26 PM | Source: Kotak Securities Ltd
Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities

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Below the Quote On Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd

 

Oil prices dropped on Tuesday, extending their decline from the previous session due to concerns over demand in China, the world’s largest crude importer, and as the market discounted the risk of escalating conflict in the Middle East. Gold prices remained steady as investors awaited the Federal Reserve policy meeting and a series of U.S. data releases this week that could provide more insights into the rate-cut timeline. Looking ahead, U.S. consumer confidence data is expected to show a slight dip to 99.7, while job openings (JOLTS) are projected to be 8.02 million.

 

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