Nickel pulled by stock markets. Investors are in fear of an end to loose monetary policy. The reaction of the lemmings on the financial markets is to panic. Trading systems enhance the moves even more. Industrial metal prices also make corrections, but could then...
Nickel is working on a stubborn resistance zone. The technical chart has formed a head and shoulder pattern. Nickel ore exports from Indonesia are increasing again. Interest rate rises in the USA, Canada and Great Britain. Yield on 10 year government bonds climbing....
Steep rises in nickel stopped for the moment. Stimulus of electro-mobility is still very much far in the future. Even China is putting on the brakes because of debt reduction and environmental issues. But the market prognosis for 2018 still looking positive. World...
LME week, a big international coming together of market operators. As well as being a social event, lots of presentations and discussions take place. For example about China. The recently confirmed Chinese Head of State and Party, Xi Jinping presented his reform...
Generally the LME nickel market shows positive signs. The psychological resistance point of USD 12,000.00 is now in the sights. However, this has not been consistently broken at time of writing. Growth in China is running parallel to the rise in debt. And in...
Nickel cannot hold the level of USD 12,000.00/mt. Reasons are the US-Dollar and profit taking in an overbought market. Big swings in uncharted territory. Market environment improving gradually. Especially even in the medium term perspective. Global growth potential is...
