NICKEL: - CONSOLIDATE STRATEGY BUY ON DIP R2-1040 R1-1025 S1-1020 S2-1015
Nickel dropped after the International Monetary Fund cut its forecast for global economic growth, sparking concern that demand will ebb.
With no major economic indicators released, markets were focused on the US Federal Reserve’s minutes of September’s policy meeting.
The IMF cut its global growth expectations to 3.3 percent for this year and 3.8 percent for next year.
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