Nickel just posted its biggest jump in over three years—up 9% on the London market. What's driving it? Heavy buying interest from Chinese investors has sparked a domino effect across the entire metals sector. This kind of cross-market momentum often signals shifting investor sentiment globally. When traditional commodity markets heat up like this, it typically reflects broader confidence in risk assets. Worth keeping an eye on as market correlations continue to evolve.
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PuzzledScholar
· 01-06 17:33
Nickel up 9%? Chinese funds are also bottom fishing again
Nickel just posted its biggest jump in over three years—up 9% on the London market. What's driving it? Heavy buying interest from Chinese investors has sparked a domino effect across the entire metals sector. This kind of cross-market momentum often signals shifting investor sentiment globally. When traditional commodity markets heat up like this, it typically reflects broader confidence in risk assets. Worth keeping an eye on as market correlations continue to evolve.