Nickel trading range for the day is 945.1-983.9.
Nickel continued gains on concern that more sanctions will be imposed against Russia, disrupting supply already curbed by an
ore-export ban in Indonesia.
China’s fixed asset investment, industrial output, and retail sales all missed forecasts, a sign of the nation’s accelerating
economic slowdown.
ECB President Mario Draghi claimed the ECB is poised to introduce non-standard measures to tackle deflation.
Warehouse stock for Nickel at LME was at 270636mt that is up by 750mt.
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