Nickel trading range for the day is 526.9-596.5.
Nickel prices ended with losses after U.S. jobs data kept alive speculation about a U.S. rate hike later this year, boosting the dollar.
Nickel ore inventories at China’s major ports were continuing falling last week, but at a slower pace.
Market participants increasingly believe the US will not continue to raise interest rates after the December increase following a recent run of negative data.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Nickel prices ended with losses after U.S. jobs data kept alive speculation about a U.S. rate hike later this year, boosting the dollar.
Nickel ore inventories at China’s major ports were continuing falling last week, but at a slower pace.
Market participants increasingly believe the US will not continue to raise interest rates after the December increase following a recent run of negative data.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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