EPIC RESEARCH MCX Nickel UPDATE OF 07 September 2018
Posted by Commodity Updates by Epic Research on 12:31:00 with No comments
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEig9PaM0F_mQbnFAsaZlZaUr2d-8Wmi2Qba9n-xGSM4uBeCSe8UzvWXHanz9af7xC-rN4SJMtgSmMaWkfQ02uT8jQW2hGPPgB7kZ1Cn3qMJuGxkcLkflx_lxyC8DCOnbBtH9XHSlEU5AzI/s320/electroless-nickel-plated-aluminum.jpg)
Nickel trading range for the day is 883.5-911.3.
* Nickel ended with small gains as longs entered the market cautiously on concerns over potential US tariffs on $200 billion worth of Chinese goods.
* The Caixin China services purchasing managers' index (PMI) slipped to 51.5 in August from 52.8 in July.
* The US trade deficit rose to a five-month high in July, by 9.5% to $50.1 billion as exports dropped and imports hit a record high.
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