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Advertisement

 
BLBG:Copper Falls in London Trading, Ending Longest Gain in 2011: LME Preview
 
Copper fell in London, ending the longest winning streak this year.
Market News:
Metals News:
Metals Prices:

-- Copper fell $20, or 0.2 percent, to $9,520 a metric ton by
8:14 a.m. on the London Metal Exchange. Relative Strength
Index 65.
-- Aluminum gained 0.2 percent to $2,580 a ton. RSI 53.
-- Zinc was down 0.5 percent at $2,400 a ton. RSI 69.
-- Lead dropped 0.4 percent to $2,690 a ton. RSI 65.
-- Nickel climbed 0.5 percent to $23,420 a ton. RSI 57.
-- Tin increased 1.4 percent to $26,725 a ton. RSI 53.

Other markets: Last % Change % YTD

U.S. Dollar Index 74.55 -0.2 -5.7
Crude Oil $97.49 0.6 6.7
Gold $1,514.60 -0.1 6.6
MSCI World Index 1,346.66 0.1 5.2

Economic Events:
Forecast Prior Time
(London)
GE Factory Orders -0.5% 2.8% 11:00
US Challenger Job Cuts 00 -4.3% 12:30
US ISM Non-Manuf. Composite 53.7 54.6 15:00
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 ccarpenter@bloomberg.net.
Source