BLBG:Copper Climbs in London Before U.S. Housing Report: LME Preview
Copper rose in London before a U.S. government report on U.S. home prices that economists say will show another increase.
Market News:
Metals News:
Metals Prices:
-- Copper climbed 0.5 percent to $8,227 a metric ton at 7:35
a.m. on the London Metal Exchange. Relative strength index 63.
-- Aluminum rose 0.4 percent to $2,088.75 a ton. RSI 59.
-- Nickel advanced 0.6 percent to $18,090 a ton. RSI 68.
-- Lead was little changed at $2,267.75 a ton. RSI 77.
-- Tin gained 0.5 percent at $20,750 a ton. RSI 56.
-- Zinc fell 0.2 percent to $2,098.75 a ton. RSI 71.
Other markets: Last % Change % YTD
U.S. Dollar Index 79.66 0.2 -0.6
Crude Oil $91.94 0.0 -7.0
Gold $1,762.75 -0.1 12.7
MSCI World Index 1,332.15 0.0 12.6
Economic Events:
Forecast Prior Time
(London)
US Consumer Confidence 63.2 60.6 15:00
US House Price Index MoM 0.6% 0.7% 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
