Get an insight into the commodities market for the week with Madhavi Mehta.

• Commodities fell for another week as growth worries were coupled with stronger US dollar, weaker risk sentiment

• Industrial metals continued to be the worst performers; gold slumped below $1800/oz while crude oil witnessed mixed movement

• The US dollar index edged up on safe haven buying and Fed’s tightening stance

• US DJIA index lower for the fourth time in five weeks; Chinese equities ended higher for the fifth consecutive week

• The US 10-year bond yield slipped to over 1-month low as safe haven buying pushed bonds higher

• Fed Chairman Jerome Powell said there is a risk the US central bank's interest rate hikes will slow the economy too much, but the bigger risk is persistent inflation

• ECB President says said it’s unlikely that the world will soon go back to a low-inflation environment as a result of the pandemic and geopolitics

• Euro-zone consumer price rose at a record pace of 8.6% on the year in June as against forecast of 8.4% growth

• China’s manufacturing PMI moved above 50 level; first expansion in four months

• President Xi Jinping declared COVID Zero the most “economic and effective” policy for China

• G7 leaders reached a broad agreement to seek ways to impose a price cap on Russian oil

• Key events in the coming week include Fed and ECB monetary policy account; US non-farm payrolls report and services PMI from major economies