BLBG:Copper Advances for Second Day as Hedge Funds Buy: LME Preview
Copper rose for a second day in London as hedge fund boosted bullish bets on New York futures to the most since August 2011.
Market News:
Metals News:
Metals Prices:
-- Copper climbed 0.3 percent to $7,854 a metric ton at 7:37
a.m. on the London Metal Exchange. Relative strength index 46.
-- Aluminum gained 0.3 percent to $2,088.75 a ton. RSI 55.
-- Nickel was unchanged at $17,350 a ton. RSI 52.
-- Lead dropped 0.4 percent to $2,296.25 a ton. RSI 58.
-- Tin was down 0.3 percent at $23,148 a ton. RSI 67.
-- Zinc fell 0.1 percent to $2,080 a ton. RSI 63.
Other markets: Last % Change % YTD
U.S. Dollar Index 79.57 -0.1 -0.8
Crude Oil $88.53 -0.1 -10.4
Gold $1,661.18 0.3 6.3
MSCI World Index 1,340.99 0.0 13.4
Economic Events:
Survey Prior Time
(London)
JN Corp Service Price Index -0.6% -0.7% 23:50
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
