Mar.1 (Bloomberg) --Copper fell in London on speculation that demand may slow in China, the largest user, because of high international prices.
-- Copper fell $44, or 0.5 percent, to $9,841 a metric ton by 8:03 a.m. on the London Metal Exchange. Relative Strength Index 53.
-- Aluminum dropped 0.5 percent to $2,587 a ton. RSI 61.
-- Zinc declined 0.3 percent to $2,512 a ton. RSI 55.
-- Lead retreated 0.5 percent to $2,550 a ton. RSI 50.
-- Nickel was 0.3 percent lower at $28,900 a ton. RSI 60.
-- Tin decreased 0.7 percent to $32,100 a ton. RSI 65.
Other markets: Last % Change % YTD
U.S. Dollar Index 76.89 0.1 -2.7
Crude Oil $97.54 0.6 6.7
Gold $1,415.00 0.3 -0.4
MSCI World Index 1,353.66 0.2 5.8
Economic Events:
Forecast Prior Time
(London)
US Construction Spending -0.4% -2.5% 15:00
US ISM Manufacturing 61 60.8 15:00
US Total Vehicle Sales 12.6M 12.54M 22:00
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