EPIC RESEARCH MCX Silver UPDATE OF 3 April 2019
Posted by Commodity Updates by Epic Research on 11:58:00 with No comments
Silver trading range for the day is 36786-37884.
Silver dropped as optimism about trade talks and encouraging factory data out of the U.S. and China prompted traders to seek riskier assets such as equities.
Brexit developments and news on the Sino-U.S. trade front are also closely monitored.
Looking ahead, the U.S. March jobs report due on Friday is likely to be in focus.
St. Louis Fed President James Bullard: Fed was designed to be arms length from daily politics, Fed is in a very good position.
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