EPIC NICKEL TREND FOR TODAY-3-MAY-2013

**Admin** Fri May 03, 2013 4:27 pm

Nickel trading range for the day is 778.97-812.
Nickel settled flat after Draghi expressed the bank will likely take further action or even implement negative interest rates, boosting dollar index
Draghi said to look at all the incoming data and stand ready to act if needed, and open to negative deposit rate.
The final euro-zone and German PMI reading for April was 46.7 and 48.7, respectively, but still at a 4-month low.
Warehouse stock for Nickel at LME was at 178476mt that is down by 0mt.

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