EPIC RESEARCH MCX Nickel UPDATE OF 9 January 2019

Nickel trading range for the day is 765.7-798.3.

Nickel prices gained signs of progress in Sino-U.S. trade talks.

China’s central bank said it was cutting reserve requirements for banks for the fifth time in a year, freeing up $116 billion for new lending.

German industrial orders fell more than expected in November, adding to a slew of recent indicators showing Germany’s exporters are suffering from the trade dispute.

Warehouse stock for Nickel at LME was at 204852mt that is unchange mt.

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