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Copper Rises in London After Imports Rise in China: LME Preview

iconFeb 14, 2011 16:30
Source:SMM

Feb. 14 (Bloomberg) --

-- Copper rose $109, or 1.1 percent, to $10,070 a metric ton by 7:58a.m. on the London Metal Exchange. Relative Strength Index 65.
-- Aluminum gained 0.9 percent to $2,518 a ton. RSI 55.
-- Zinc climbed 0.6 percent to $2,479 a ton. RSI 58.
-- Lead jumped 1.2 percent to $2,590 a ton. RSI 58.
-- Nickel advanced 1 percent to $28,571 a ton. RSI 71.
-- Tin increased 0.4 percent to a record $31,900 a ton. RSI 86.

Other markets:         Last          % Change    % YTD
U.S. Dollar Index     78.35            -0.1     -0.9
Crude oil            $85.70             0.2     -6.2
Gold              $1,359.20             0.2     -4.3
MSCI World Index   1,344.73             0.3      5.1

Economic Events:
                                    Forecast     Prior     Time
                                                        (London)
EC Euro-Zone Industrial Production    8.0%       7.9%    10:00

 


 

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