EPIC RESEARCH MCX NICKEL UPDATE OF 13 JUNE 2016

Nickel trading range for the day is 586.9-609.3.
Nickel settled down but gained by more than 4 percent spurred by concern about potential disruptions to supply in Colombia and the Philippines.
There’s concern that nickel may enter a deficit if the Philippines stops providing ore to China for nickel pig iron production.      
The ECB entered new territory in its efforts to stimulate the euro region’s flagging economy, plunging into the corporate bond market. 

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