Morgan Stanley slashes nickel forecasts on deteriorating macro outlook

Posted on by Leave a comment

image11

(Reuters) – Morgan Stanley slashed its nickel price forecasts for the second half of the year on Tuesday as a softer global growth outlook curbs demand from stainless steel producers, making it the third bank this week to downgrade prospects for the metal.

Read more at: http://uk.reuters.com/article/2015/06/23/metals-morganstanley-idUKL3N0Z91AY20150623

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s