Macro Finance
Nickel Hits Three-Week High on Indonesia Supply Risks, Fed View
Bloomberg Markets·July 16, 2026·1 min read
Nickel climbed to a three-week high as expectations for Federal Reserve rate hikes faded. Uncertainty over mining policy in top producer Indonesia also clouded the supply outlook, contributing to the price increase. The metal's rise reflects shifting monetary policy expectations and supply concerns from the world's largest nickel producer.
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