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U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Gold steadies amid concerns over rising virus cases

Australian economic growth recovers strongly in Q3 2020

U.K. jobless rate rises to 4.8 pct in Q3 2020, labor market likely to deteriorate further in months ahead

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Canadian employment likely declined in November, jobless rate to have risen to 9 pct

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Swiss franc likely to gradually depreciate against euro in coming months

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

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Swedish economic sentiment indicator rises in November

Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

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Nickel: break above 12200/12500 still needed to suggest a meaningful recovery

Thursday, July 16, 2015 1:06 AM UTC

Break below 15Y trend has accelerated the down move in Nickel and it has achieved our target (10300). It took support at the perennial graphic level of 10500/200. Nickel has embarked into a rebound but it will take a break above previous lows of 12200/500 for a meaningful recovery to take place.

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Nickel: break above 12200/12500 still needed to suggest a meaningful recovery

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