22-08-2024 04:42 PM | Source: Kotak Securities Ltd
Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
Below the Quote on Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
In the U.S., unemployment claims may increase to 232K, and the Flash Manufacturing PMI could drop to 49.5, suggesting a potential slowdown. These factors, along with the Jackson Hole Symposium, might cause further volatility in the Dollar Index. Meanwhile, oil prices fell for a fifth day due to demand concerns, and gold prices dipped following the Fed's July meeting minutes.
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