Morning all,
Huge shot in the arm for the spot Nickel market.
Showing good signs of strength from support.
Bull's held market well throughout the night but was held back on close, up 1.4%
Interesting to see where the trend is tonight.
Ref; Bloombergs.com
Most base metals extended Friday's strong gains but closed below their session peaks as the prospect of weak Chinese trade data later today capped buyer enthusiasm. London copper rose 0.5%, lead 1.6%, nickel 1.4% and zinc 0.4%. Aluminium fell 1.2% and tin 1.6%.
cheers
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