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EPIC NICKEL TREND FOR TODAY 31-MAY-2013

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EPIC NICKEL TREND FOR TODAY 31-MAY-2013 Empty EPIC NICKEL TREND FOR TODAY 31-MAY-2013

Post  Admin Fri May 31, 2013 4:25 pm

Nickel trading range for the day is 819.33-838. Nickel settled flat up as support seen as dollar index extended its losses, allowing nickel prices to remain in the range China will announce manufacturing PMI for May tomorrow. According to the US Department of Labor, initial jobless claims in the US rose 10,000 to 354,000 in the week ended May 25, higher than the 340,000 forecast. Warehouse stock for Nickel at LME was at 180492mt that is up by 660mt.

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