Gulf strikes, suspended MOU and Fed uncertainty complicate outlook for metals next week

The week ahead is light on US data, with preliminary PMI readings the primary scheduled release.

Commodities Outlook for next week

Week ahead is light on US data, with preliminary PMI readings the primary scheduled release

Dominant driver remains geopolitical

For crude, the dual chokepoint risk keeps the upside bias intact

Kaynat Chainwala is the senior manager - commodity research at Kotak Securities.