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Friday, 12 April 2019

EPIC RESEARCH MCX Silver UPDATE OF 12 April 2019


Silver trading range for the day is 36339-38021.

Silver dropped after data showed jobless claims in the U.S. to have fallen to their lowest level in five decades triggered the sell-off.

Euro zone economies would remain vulnerable from the European Central Bank's decision to stick to its ultra-easy monetary policy.

The U.S. and China have agreed on a mechanism to police any trade agreement they reach, U.S. Treasury Secretary Steven Mnuchin told.

Traders are closely monitoring developments on the Sino-U.S. trade front and Brexit.


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