U.S. economic data and European officials speech eliminate investors’ worries about development of global economy. The three major U.S. stock indexes rebounded across the board  on Thursday, and hit the third-highest single-day increase this year. It’s said that Australian Government will reduce its tax rate, coupled with strong Spanish treasury auctions demand, which boosted mining stocks and banking stocks. European markets generally rose.
    A series of relevant economic data of domestic economic operation which will be announced today. It’s said that CPI growth rate in May will exceed April, and inflationary pressures is still high, so a moderate domestic economic policy will be further implemented.
    Nickel futures prices in London closed at 18,945 U.S. dollars / ton yesterday, down 325 U.S. dollars compared with the previous trading day. Domestic spot price of nickel yesterday was 152,500 yuan / ton. Most participants think that domestic and foreign price will keep consolidation by the impact of the economic situation of home and abroad.