Nickel Dropped As Readings On China's Manufacturing Activity

Nickel trading range for the day is 842.3-858.7.

Nickel dropped as readings on China's manufacturing activity failed to meet expectations, underscoring weakness in the economy.

Data showed growth in China's factory activity unexpectedly slowed in April, suggesting the economy is still struggling to regain traction.

Eurozone consumer confidence in April remain constant at -7.9 as the eurozone economic confidence fell to its lowest since September 2016, at 104.

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