Tuesday, 2 April 2019

Silver Dropped As Better Than Expected China Manufacturing Data Eased

Silver trading range for the day is 37333-37975.

Silver dropped as better-than-expected China manufacturing data eased concerns about a slowdown in economic growth and boosted appetite for riskier assets.

On the U.S.-China trade front, Chinese Vice Premier Liu He and his team are set for more trade talks in Washington later this week.

Traders also remains cautious ahead of Friday’s U.S. government employment report for March, coming after Fed appeared to rule out the likelihood of any rate hikes.

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