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Quote on Today`s market macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
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Below the Quote on Today`s market macros by Shrikant Chouhan, Head Equity Research, Kotak Securities
Oil prices fell in Asian trading on Tuesday, reversing the gains from the previous session. Gold prices edged higher on Tuesday driven by a decline in Treasury yields and cautious market anticipation of upcoming US economic data and Federal Reserve comments. Market sentiment turned cautious due to concerns about global demand growth and expectations of increased supply. Later today in the U.S., Retail Sales month-over-month figures, forecasted at 0.2%, will be crucial. Industrial Production is also projected to grow by 0.3%. Tomorrow, data on weekly US Crude oil stock will be released
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