EPIC RESEARCH MCX Nickel UPDATE OF 10 April 2019

Nickel trading range for the day is 907.2-929.

* Nickel dropped as the IMF cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions

* Recent strong economic data eased concerns about the global economy, prompting investors to reduce safe-haven positions in the greenback.

* Data showed that China’s foreign exchange reserves grew for five consecutive months by the end of March

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