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Shanghai Spot Nickel to Rise (2016-9-5)
Sep 5, 2016 09:44Source:SMM
US non-farm employment in August fell short of market expectations, weakening the likelihood of a Fed rate hike in September.
SHANGHAI, Sep. 5 (SMM) – US non-farm employment in August fell short of market expectations, weakening the likelihood of a Fed rate hike in September. LME nickel will move between RMB 10,000/mt today. January nickel on the SHFE will rise to RMB 79,800-81,500/mt. Spot nickel in Shanghai will rise to RMB 78,200-79,700/mt.
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