EPIC RESEARCH MCX NICKEL UPDATE OF 9 JUNE 2016

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Nickel trading range for the day is 571-613.6.    
Nickel prices rallied an improving trade outlook in China boosted investor appetite for commodities  
Support also seen as the dollar stayed weak on expectations of a delayed rate hike by the Federal Reserve with a two-day holiday in China.            
Signs are emerging that a downturn in the United States and China, may have bottomed, the OECD's monthly leading indicator showed.

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