Copper declined for the first time in four days in London as some investors viewed recent gains as excessive amid concern the European debt crisis may slow global economic growth. Market News: Metals News: Metal Prices: -- Copper slid $46.75 to $9,793.25 a metric ton at 7:32 a.m. on the London Metal Exchange. Relative Strength Index 66.6. -- Aluminum was unchanged at $2,550 a ton. RSI 51.7. -- Zinc fell 1 percent to $2,465 a ton. RSI 64.2. -- Lead slid 0.5 percent to $2,755 a ton. RSI 63. -- Nickel declined 0.2 percent to $24,070 a ton. RSI 58.8. -- Tin fell 0.3 percent to $27,800 a ton. RSI 61.4. Other markets: Last % Change % YTD U.S. Dollar Index 75.064 -0.1 -5.5 Crude oil $98.44 1 7.7 Gold $1,589.25 0.03 11.9 MSCI World Index 1,318.36 0.1 2.99 Economic Events: Forecast Prior Time (London) U.S. MBA Mortgage Applications -- -5.1% 12:00 U.S. Existing Home Sales 4.90M 4.81M 15:00 U.S. Existing Home Sales MoM 1.9% -3.8% 15:00 Eurozone Consumer Confidence -10.2 -9.8 15:00 To contact the reporter on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net To contact the editor responsible for this story: Claudia Carpenter at ccarpenter@bloomberg.net.

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