Nifty Metal rises 1.5% on US payrolls Fed-watch focus
Nifty Metal rose 1.5% on September 4 as traders turned to key US payrolls data for clues on the Federal Reserve’s next rate decision, with markets pricing about a 50% chance of a hike later this month.
Nifty Metal index rose 1.5% on September 4 as traders' attention turned to key US payrolls data for clues on the Federal Reserve's next interest rate decision.Traders are pricing in an about 50% chance of a Fed rate hike later this month, according to the CME FedWatch Tool.The US nonfarm payrolls r…