EPIC RESEARCH MCX Nickel UPDATE OF 13 December 2018

Posted by Commodity Updates by Epic Research on 12:15:00 with No comments

Nickel trading range for the day is 767.1-782.3.

* Nickel dropped as investors shrugged off upbeat comments from U.S. President Donald Trump about a potential trade deal with China.

* China and the US discussed plans for talks to avert a trade war between the world’s two biggest economies.

* Chinese banks extended 1.25 trillion yuan ($182 billion) in new yuan loans in November, up from 697 billion yuan in October, the PBOC said.


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