Commodity Daily Report - April 20: HDFC Securities
Commodity Daily Report - April 20: HDFC Securities
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Commodity prices traded lower on Tuesday with most of the commodities in non-agro segment witnessed selling from day highs on stronger dollar and rally in U.S. bond yields.
Crude oil and natural gas pared previous gains on weaker demand outlook.
Base metals traded weak on demand growth concerns on China Covid worries.
The U.S. 10 year bond yields rallied to 2.96%, the highest since December 13, 2018.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.