Tag: oil rates
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Volatility to persist in commodities in run up to central bank meetings
As of now, economically sensitive commodities are struggling for direction as participants assess the latest inflation data and await more data before the major central bank meetings in the first two weeks of May. Ravindra Rao, VP-Head Commodity Research at Kotak Securities Hawkish rhetoric by several Fed officials followed by renewed fears of a lingering ... -
Wild swings to continue in commodities as fear dominates market sentiments
Market sentiments remain fragile as the fears of a financial crisis are still far from being contained yet and hence volatile moves cannot be ruled out. Ravindra V Rao, VP-Head Commodity Research at Kotak Securities Panic gripped investors this week as the banking crisis spread from the US to Europe, sparking fears of a contagion ...