BLBG:Copper Advances After China’s Manufacturing Expands: LME Preview
Copper advanced in London after an industry report signaled manufacturing is expanding in China, the world’s largest buyer of industrial metals.
Market News:
Metals News:
Metals Prices:
-- Copper advanced 0.7 percent at $7,859 a metric at 6:57
a.m. on the London Metal Exchange. Relative strength index 36.
-- Aluminum retreated 0.2 percent to $2,044 a ton. RSI 39.
-- Nickel declined 0.3 percent to $16,930 a ton. RSI 37.
-- Lead advanced 0.1 percent to $2,305 a ton. RSI 38.
-- Tin was up 0.2 percent at $23,140 a ton. RSI 27.
-- Zinc fell 0.1 percent to $2,085 a ton. RSI 40.
Other markets: Last % Change % YTD
U.S. Dollar Index 81.54 0.1 2.2
Crude Oil $93.06 -0.1 1.3
Gold $1,585.73 0.3 -5.4
MSCI World Index 1,402.83 0.1 4.8
Economic Events:
Survey Prior Time
(London)
UK BBA Loans for House Purchase 34000 33636 09:30
US Chicago Fed Nat Activity Index -- 0.02 13:30
US Dallas Fed Manf. Activity 3.0 5.5 15:30
To contact the reporter on this story: Claudia Carpenter in London at ccarpenter2@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net
