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EPIC NICKEL TREND FOR TODAY-2-MAY-2013

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EPIC NICKEL TREND FOR TODAY-2-MAY-2013 Empty EPIC NICKEL TREND FOR TODAY-2-MAY-2013

Post  Admin Thu May 02, 2013 1:21 pm

Nickel trading range for the day is 773.1-833.
Nickel ended lower as a slew of disappointing economic data from China, euro zone and US weighed on prices.
Nickel joined copper in a bear market as concern escalated that the economy is slowing in China, the world’s top user of industrial metal.
US Federal Reserve's latest interest rate meeting were within market expectations, deciding to continue its existing asset purchasing program.

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