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Wednesday, 17 October 2018

EPIC RESEARCH MCX Nickel UPDATE OF 17 October 2018

Nickel trading range for the day is 905.9-927.9.

* Nickel dropped as pressure seen amid trade tensions and rising U.S. interest rates.

* Growth in China's factory sector in September stalled after 15 months of expansion, with export orders falling the most in more than two years.

* US retail sales data for September missed expectations and as benchmark US Treasury yields consolidated after they climbed to their highest level in seven years

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