Sep 28 (Bloomberg) -- Copper fell for a second day in London on speculation European government debts and slowing economic growth will derail a global recovery.
-- Copper dropped $47.50, or 0.6 percent, to $7,862.50 a metric
ton on the London Metal Exchange at 8:03 a.m. Relative Strength
Index 65.8.
-- Aluminum fell 0.6 percent to $2,280 a ton. RSI 65.3.
-- Zinc declined 1 percent to $2,186 a ton. RSI 54.5.
-- Lead lost 0.6 percent to $2,255 a ton. RSI 59.3.
-- Nickel decreased 0.4 percent to $22,995 a ton. RSI 58.8.
-- Tin fell 0.2 percent to $23,600 a ton. RSI 68.5.
Other markets: Last % Change % YTD
U.S. Dollar Index 79.486 0.3 2.4
Crude oil $76.11 -0.5 -4.1
Gold $1,292.95 -0.1 18
MSCI World Index 1,175.71 -0.4 0.6
Economic Events:
Forecast Prior Time
(London)
U.K. GDP 1.2% 1.2% 9:30
U.S. S&P/CS 20-City Home Prices 3.1% 4.2% 14:00
U.S. Consumer Confidence 52.1 53.5K 15:00
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