Commodities story to revolve around geopolitics, polls, rate cuts, global slowdown ...Middle East

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Commodities story to revolve around geopolitics, polls, rate cuts, global slowdown
Chennai: During 2024 the commodities sector will revolve around four major themes — slowing global growth, interest rate cuts, geopolitical conflicts and general elections in major economies, said Naveen Mathur, Director, Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He said the coming year will see 78 elections across the world, over half of which will choose a new president which will likely bring changes in the monetary policies of major economies, keeping inflation down. Looking back at 2023 Mathur said, it was a year of disappointment for most traded commodities with the exception of precious metals and a few other metal commodities such as iron ore witnessing a recov

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