Mar.8 (Bloomberg) --Copper fell for a third day in London on speculation fighting in Libya will slow economies, curbing demand for industrial metals.
-- Copper fell $80, or 0.8 percent, to $9,419 a metric ton by 7:59 a.m. on the London Metal Exchange. Relative Strength Index 39.
-- Aluminum dropped 0.2 percent to $2,553 a ton. RSI 52.
-- Zinc declined 1.3 percent to $2,340 a ton. RSI 37.
-- Lead decreased 1.7 percent to $2,537 a ton. RSI 47.
-- Nickel tumbled 2.5 percent to $26,803 a ton. RSI 40.
-- Tin retreated 2.4 percent to $30,000 a ton. RSI 40.
Other markets: Last % Change % YTD
U.S. Dollar Index 76.48 -0.1 -3.2
Crude Oil $104.15 -1.2 13.9
Gold $1,427.98 -0.3 0.5
MSCI World Index 1,336.90 -0.2 4.4
Economic Events:
Forecast Prior Time
(London)
GE Factory Orders 2.5% -3.4% 11:00
US NFIB Small Business Optimism 95 94.1 12:30
JN Machine Orders 3.0% 1.7% 23:50
