EPIC RESEARCH MCX SILVER UPDATE OF 19 July 2018

Posted by Commodity Updates by Epic Research on 16:00:00 with No comments

Silver trading range for the day is 37958-38776.

* Silver recovered from some of its losses as the dollar treated from near 52-week highs, pressured by data showing a wobble in the U.S. housing market.

* Fed’s George said that uncertainty over U.S. trade policy could slow the economy, even if the recently imposed tariffs in and of themselves are too small to have a big impact.

* Fed’s George called trade policy a “significant” downside risk to her outlook for economic growth, even as tax cuts and other fiscal policy is an upside risk.

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