Monday 17 March 2014

CAPITAL STROKE COMMODITY UPDATE 18 MARCH 2014: MCX SILVER

Silver trading range for the day is 46310-47286.
Silver dropped tracking weak gold prices after Crimea voted to join Russia and leave Ukraine on Sunday with no widespread violence
Fed will most likely to announce another $10 billion cut to its bond-buying stimulus after solid U.S. retail sales and employment data
Investors remained cautious after Russia launched new military exercises near its border with Ukraine, showing no sign of backing down on plans to annex

Crimea.
Markets were also jittery after data showed that Chinese industrial production rose 8.6% in the first two months of 2014, missing market expectations.

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