EPIC RESEARCH MCX Nickel UPDATE OF 19 March 2019

Nickel trading range for the day is 868.5-910.1.

Nickel traded in range on mounting speculation the U.S. Federal Reserve will sound decidedly dovish at its policy meeting this week.

China’s top steelmaking city, required heavy industries to implement level II anti-smog measures due to poor pollutant diffusion conditions.

Weak economic data underscored the Federal Reserve's "patient" stance toward further interest rate hikes this year.

Warehouse stock for Nickel at LME was at 190848mt that is down by -492mt.

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