EPIC RESEARCH MCX Nickel UPDATE OF 5 December 2018

Posted by Commodity Updates by Epic Research on 11:52:00 with No comments

Nickel trading range for the day is 767.1-813.9.

Nickel eased as markets awaited remedial action by the US and China after the two countries’ weekend agreement on a 90-day ceasefire in their damaging trade dispute.

A survey showed China's factory activity grew slightly in November, while new export orders extended their decline.

US manufacturing activity picked up in November, according to ISM data, though a gauge of prices paid tumbled from a month earlier.


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