Wednesday 27 August 2014

CAPITAL STROKE COMMODITY UPDATE 27-August-2014 : MCX NICKEL


Nickel trading range for the day is 1125.9-1151.3.

Nickel gained as a series of US economic figures were encouraging, while geopolitical strains in Ukraine eased some supported prices.

Richmond Fed Manufacturing Index climbed in August to 12, its highest since March 2011, while US durable goods orders for July grew 22.6% MoM.

US Conference Board’s consumer confidence index rose in August to 92.4, beating July’s reading of 90.3 and the expected 89
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