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Tuesday 26 February 2019

EPIC RESEARCH MCX Nickel UPDATE OF 26 February 2019

Nickel trading range for the day is 895.9-940.5.

* Nickel dropped on profit booking after prices gained as dollar fell as investors took on riskier assets on hopes for a trade deal between the US and China.

* US President Donald Trump announced that America will delay additional tariffs on Chinese goods that were initially slated for March 1.

* In the eurozone, the consumer price index (CPI), grew 1.4% on the year in January, slowing for a third straight month.

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