December 2 (Bloomberg) --
Copper rose in London after manufacturing expanded in China, the U.S. and Europe, adding to signs of a revival in demand.
-- Copper rose $123, or 1.4 percent, to $8,708 a metric ton at 7:47 a.m. on the London Metal Exchange. Relative Strength Index 60.1.
-- Aluminum gained 1.6 percent to $2,377 a ton. RSI 56.3.
-- Zinc jumped 3 percent to $2,224 a ton. RSI 48.
-- Lead rose 2.2 percent to $2,319.50 a ton. RSI 48.5.
-- Nickel gained 0.4 percent to $23,640 a ton. RSI 57.4.
-- Tin rose 1.4 percent to $25,150 a ton. RSI 50.6.
Other markets: Last % Change % YTD
U.S. Dollar Index 80.553 -0.2 3.5
Crude oil $86.96 0.2 9.6
Gold $1,393.65 0.4 27
MSCI World Index 1,222.2 0.5 4.6
Economic Events:
Forecast Prior Time
(London)
Euro-zone GDP (QoQ) 0.4% 0.4% 10:00
ECB announces interest rates 1.00% 1.00% 12:45
U.S. initial jobless claims 424K 407K 13:30
U.S. pending home sales (MoM) -1.0% -1.8% 15:00
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