Gold Silver Reports — Technically MCX Cotton is under short covering as market has witnessed drop in open interest by -2.99% to settled at 5871 while prices up 30 rupees.
Gold Silver Reports — Silver on MCX settled down -1.35% at 38052 adding to overnight losses after the Federal Reserve left the door open to raising interest rates in June.
ECB drops zero hints on exiting the quantitative easing program
In the recent policy meeting dated 27th April 2017, the European Central Bank left its ultra-easy policy stance in place. The key interest rates were kept unchanged at “0 percent” and the monthly asset purchases were to be done at €60 billion till the end of December’17 or beyond until the ECB achieves it’s 2 percent inflation target.
