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Copper dropped in London on signs of slowing economic growth in Germany, the world’s biggest buyer of the metal after China and the U.S.
Market News:
Metals News:
Metals Prices:
-- Copper slipped 0.1 percent to $8,063.25 a metric ton at 7:31
a.m. on the London Metal Exchange. Relative strength index 55.
-- Aluminum declined 0.2 percent to $2,061.25 a ton. RSI 48.
-- Nickel gained 0.4 percent to $17,270 a ton. RSI 49.
-- Lead dropped 0.4 percent to $2,296 a ton. RSI 50.
-- Tin was down less than 0.1 percent at $24,070 a ton. RSI 68.
-- Zinc fell 0.2 percent to $2,018 a ton. RSI 45.
Other markets: Last % Change % YTD
U.S. Dollar Index 80.19 -0.1 0.5
Crude Oil $93.03 -0.2 1.3
Gold $1,647.79 0.1 -1.7
MSCI World Index 1,365.84 -0.1 2.0
Economic Events:
Survey Prior Time
(London)
EC Euro-Zone Consumer Confidence -26.6 -26.6 10:00
GE Factory Orders -1.4% 3.9% 11:00
US Consumer Credit $12.75B $14.158B 20:00
To contact the reporter on this story: Claudia Carpenter in London at ccarpenter2@abloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net