Nickel rose to a three-week high as expectations for additional Federal Reserve rate hikes eased, improving the near-term price backdrop for metals. The rally faces supply uncertainty as Indonesia’s mining policy remains unclear, clouding expectations for future nickel output.
Nickel rose to a three-week high as expectations for additional Federal Reserve rate hikes eased, improving the near-term price backdrop for metals. The rally faces supply uncertainty as Indonesia’s mining policy remains unclear, clouding expectations for future nickel output.
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mildly positive
Sentiment Score
0.15