Nickel trading range for the day is 1019.5-1101.1.
Nickel ended with losses on profit booking but downside was limited as prices have more ability to rise further on renewed concerns over supply concerns.
ZEW Indicator of Economic Sentiment for euro zone edged lower to April’s 61.2, with the indicator tracking current economic situation improving
The NY Empire State Manufacturing index released Tuesday fell short of forecast, and crisis in Ukraine worsened.
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