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Epic Commodity Update : Nickel

Discussion in 'Indian Stocks' started by Epicresearch, Mar 18, 2013.

  1. Epicresearch

    Epicresearch Active Member

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    Nickel trading range for the day is 911.4-917.Nickel ended with losses as the downbeat economic from data US dragged the prices down.U.S. CPI data affirmed expectations that the Federal Reserve will continue its bond-buying program for the foreseeable future.E.U. and IMF officials were outlining a financial assistance package for Cyprus, which stoked appetite for risk-on assets.Warehouse stock for Nickel at LME was at 161544mt that is down by -102mt.
     
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