Nickel trading range for the day is 595.3-627.7. Nickel gains as investors’ confidence is returning to the market, supported by an improved China outlook, upbeat US earnings releases and a weaker dollar.
A series of improving data out of China since the start of the year including industrial output, property and lending has also helped to lift sentiment.
U.S. home resales rebounded more than expected in March as supply improved, suggesting the housing market recovery remained intact
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