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LME Nickel to Hover at Highs (2017-8-3)
Aug 3, 2017 09:14Source:SMM
ADP’s employment for the US fell short of market expectations, pushing down the US dollar to 92.532, which recovered some losses this morning.
SHANGHAI, Aug. 3 (SMM) – ADP’s employment for the US fell short of market expectations, pushing down the US dollar to 92.532, which recovered some losses this morning. LME nickel will move at highs around USD 10,250/mt today, and SHFE 1709 nickel should hover between RMB 82,500-83,500/mt, with spot prices between RMB 82,500-84,800/mt.
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