Commodity Market Catch Up With Madhavi Mehta | 19th September

Key events in the coming week are the Fed, BOJ and BOE interest rate decision and manufacturing and services PMI from the U.S. and Europe. Find out in our weekly commodity outlook and trading strategy for Gold, Silver, Crude Oil, and base metals. Highlights of this week's Commodity Podcast: - Commodities ended largely lower on stronger U.S. dollar and weaker risk sentiment. - Gold slipped to April 2020 lows, while silver ended higher; industrial metals fell barring nickel; crude and natural gas ended with modest losses. - The U.S. dollar rose for a fourth time in five weeks on expectations of aggressive moves by the Fed. - U.S. consumer price rose 8.3% on the year in August as against forecast of 8.1% growth. - U.K. consumer price rose 9.9% on the year in August after a 10.1% growth a month ago. - China’s industrial production rose 4.2% on the year in August as against forecast of 3.8% growth; retail sales rose 5.4% as against forecast of 3.5% growth. - China’s Chengdu city lifted some restrictions as virus spread came under control. - Major U.S. railroads and unions secured a tentative deal averting a rail strike. - IMF says global economic outlook remains downbeat and some countries are expected to slip into recession in 2023. - World Bank said the world could be edging towards a global recession in 2023. - Saudi Arabia and Russia are looking at $100 oil as a fair price good for all.