Copper Rises in London, Narrowing This Week’s Drop: LME Preview

Feb. 11 (Bloomberg) --Copper rose in London, narrowing the first weekly decline in three weeks.

-- Copper rose $9.50, or 0.1 percent, to $9,949.50 a metric
ton by 7:56 a.m. on the London Metal Exchange. Relative
Strength Index 61.
-- Aluminum dropped 0.1 percent to $2,535 a ton. RSI 59.
-- Zinc declined 0.4 percent to $2,438 a ton. RSI 53.
-- Lead decreased 0.1 percent to $2,507 a ton. RSI 49.
-- Nickel climbed 0.6 percent to $28,024 a ton. RSI 67.
-- Tin was down 0.1 percent at $31,451 a ton. RSI 84.

Other markets:         Last          % Change    % YTD
U.S. Dollar Index     78.39             0.2     -0.8
Crude oil            $87.34             0.7     -4.4
Gold              $1,363.43             0.0     -4.0
MSCI World Index   1,335.66            -0.2      4.3

Economic Events:
                                    Forecast     Prior     Time
                                                        (London)
U.S. Trade Balance                   -$40.5B    -$38.3B  13:30
U.S. U. Of Michigan Confidence         75         74.2   14:55