EPIC RESEARCH MCX NICKEL UPDATE OF 12 MAY 2016
Posted by Unknown on 12:11:00 with No comments
Nickel trading range for the day is 579.7-599.9. Nickel gained as the lower dollar triggered a flurry of fund buying, while the market waited for clues to the strength of demand, particularly in China.
China's economy faces downward pressure but will be able to meet its economic growth target for the year.
Economic slowdown in emerging market countries is showing signs of abating, the OECD said.
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