Tue, Mar 13, 2018 - Page 14 News List

Nickel riding high on electric vehicles and supply shortages
鎳供不應求 電動車題材錦上添花

Retail sales

Employment/unemployment data

Manufacturing surveys

New home price data is used to gauge the overall health of an economy: Higher new build prices are seen as positive for an economy (and the associated currency). A growing economy will increase demand for raw materials including steel and nickel.

Manufacturing surveys of individual private sector companies, which provide information on production levels, new orders and inventories, are usually combined into a Purchasing Managers’ Index (PMI) for an individual country. The PMI is used as a leading indicator of economic health since purchasing managers react quickly to market conditions. A booming manufacturing sector will also increase demand for raw materials, including various types of metals.

(Edward Jones, Taipei Times)

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