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Copper May Decline in London as Dollar Rebounds Against Euro: LME Preview
Sep 28,2010 11:01CST
industry news
Source:SMM

Sep 27 (Bloomberg) -- Copper may decline in London as the dollar rebounded against the euro, making

-- Copper dropped $2 to $7,943 a metric ton on
the London Metal Exchange at 7:20 a.m. Relative Strength Index
69.37.
-- Aluminum fell 0.7 percent to $2,302 a ton. RSI 69.35.
-- Zinc declined 1.2 percent to $2,220a ton. RSI 58.39.
-- Lead decreased 0.3 percent to $2,288 a ton. RSI 63.9.
-- Nickel gained 1 percent to $23,130 a ton. RSI 59.63.
-- Tin hasn’t traded. It fell 0.4 percent on Sept. 24.

Other markets:      Last           % Change   % YTD
U.S. Dollar Index   79.367          -0.1        1.9
Crude oil           $76.80           0.4       -3.2
Gold                $1,299.88        0.3         19
MSCI World Index    1,185.6          0.2        1.5

Economic Events:
                                    Forecast     Prior     Time
                                                        (London)
Chicago Fed Nat Activity Index AUG   -0.5%       0.00      13:30
Dallas Fed Manf. Activity SEP        -7.0       -13.5      15:30


                


 

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