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Copper price leads metals lower while nickel eyes $18,000/t

Posted on 16 April 2014

The nickel price finished an active Monday LME session firm and around a 14-month high but the rest of the complex were sideways to lower in Tuesday’s Asian session. The markets will be closely watching data out of China this week, as Beijing is set to release half of its monthly data this week.
In US data, March retail sales rose 1.1 percent against a forecast 0.8-percent increase, while February business inventories were up 0.4 percent. Little impact was seen from the releases on the metals, although it did help US stocks markets to bounce from the previous week’s slump………………………………………..Full Article: Source


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