EPIC RESEARCH MCX Silver UPDATE OF 9 January 2019

Posted by Commodity Updates by Epic Research on 11:12:00 with No comments

Silver trading range for the day is 38714-39686.

* Silver gained amid expectations that the Fed may halt its rate-hiking cycle for the year.

* Fed Chairman Powell said the central bank would be more sensitive to downside risks in the market, adding that it was "prepared to shift the stance of policy" if needed.

* Meanwhile, U.S.-China trade tensions returned to focus this week as officials from Washington and Beijing kicked off talks in China's capital

* The US Institute for Supply Management (ISM) said its non-manufacturing index came in at 57.6 for December


Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > +917316642316

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+