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Tuesday, 28 February 2017

EPIC RESEARCH MCX SILVER UPDATE OF 28 FEBRUARY 2017


Silver trading range for the day is 43144-43714. Silver remained in range as market players looked ahead to U.S. President Trump's address to Congress on Tuesday for further details on his promises of tax reform. Investors also looked ahead to a speech by Federal Reserve Chair Janet Yellen on Friday for further hints on the timing of the next U.S. rate hike. In addition, market players will keep an eye out on a revised reading of fourth-quarter U.S. growth data on Tuesday to gauge the strength of the economy.

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