Dec 1 (Bloomberg) -- Copper rose in London as faster-than- expected manufacturing growth in China and increasing U.S. consumer confidence boosted the outlook for the global economy.
-- Copper rose $65, or 0.8 percent, to $8,425 a metric ton at 7:35 a.m. on the London Metal Exchange. Relative Strength Index 52.5.
-- Aluminum gained 0.7 percent to $2,291 a ton. RSI 45.4.
-- Zinc jumped 1.6 percent to $2,145 a ton. RSI 42.4.
-- Lead rose 1.8 percent to $2,270 a ton. RSI 44.8.
-- Nickel gained 0.5 percent to $23,175 a ton. RSI 53.5.
-- Tin rose 1.2 percent to $24,800 a ton. RSI 47.0.
Other markets: Last % Change % YTD
U.S. Dollar Index 81.024 -0.2 4.1
Crude oil $84.45 0.4 6.4
Gold $1,391.5 0.4 26.8
MSCI World Index 1,195.3 0.2 2.3
Economic Events:
Forecast Prior Time
(London)
EC PMI manufacturing 55.5 55.5 9:00
U.S. ISM manufacturing 56.5 56.9 15:00
Fed’s Beige Book 19:00
