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STOCKS | Nickel Hits Three-Week High on Indonesia Supply Risks, Fed View

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2026-07-16 05:06:04
Nickel rose to a three-week high as expectations for Federal Reserve rate hikes faded, while uncertainty over mining policy in top producer Indonesia clouded the supply outlook, according to Bloomberg.

The move reflected both a softer rates outlook and concern that policy changes in Indonesia could affect supply.
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