Silver On MCX Settled Up 1.33% At 40460 On Dollar Weakness As Investors Awaited - Dollar Advisory | Best Commodity Tips Provider

Breaking

Friday 8 June 2018

Silver On MCX Settled Up 1.33% At 40460 On Dollar Weakness As Investors Awaited

Silver on MCX settled up 1.33% at 40460 on dollar weakness as investors awaited the outcome of geopolitical risks and looked forward to key decisions on monetary policy to be delivered next week. 

The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions. 

The robust labor market and firming inflation have cemented expectations the Federal Reserve will raise interest rates next week. 

Many economists believe the U.S. central bank will hike rates two more times after its June 12-13 policy meeting to prevent the economy from overheating.

For more information ✆ +91 9111-179961 or Visit Dollar Advisory

No comments:

Post a Comment