EPIC RESEARCH MCX NICKEL UPDATE OF 29 JULY 2016

Posted by Farhan Khan on 10:56:00 with No comments
Nickel trading range for the day is 691.2-728.8.   Nickel rallied more than 3% on track for more than 12 percent gains in July as the Philippines cracks down on polluting mines.  
Philippine President Rodrigo Duterte, has warned he could cancel mining projects causing environmental harm.           
Clues to Chinese demand will come on Monday from surveys of purchasing managers in manufacturing, which probably struggled in July.

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