Dec. 9 (Bloomberg) --Copper climbed to a record in London and advanced to a 31-month high in New York on speculation the Federal Reserve may extend asset purchases to support the economy.
-- Copper rose 0.6 percent at $9,072 a metric ton at
7:54 a.m. on the London Metal Exchange. Relative Strength Index
68.6.
-- Aluminum added 1.3 percent at $2,403 a ton. RSI 59.7.
-- Zinc fell 0.6 percent to $2,296.50 a ton. RSI 53.2.
-- Lead rose 1 percent to $2,430 a ton. RSI 55.9.
-- Nickel gained 1.3 percent to $24,301 a ton. RSI 62.1.
-- Tin rose 1.8 percent to $26,050 a ton. RSI 58.5.
Other markets: Last % Change % YTD
U.S. Dollar Index 79.782 -0.3 2.5
Crude oil $89.36 1.2 12.6
Gold $1,389.95 0.6 27
MSCI World Index 1,253.49 0.6 7.3
Economic Events:
Forecast Prior Time
(London)
ECB publishes Dec. monthly report 9:00
U.K. BOE announces rates 0.5% 0.5% 12:00
U.S. initial jobless claims 425K 436K 13:30
