Mar.16 ((Bloomberg) ) --Copper climbed for the first time in six days on expectation that reconstruction needs after Japan’s largest quake on record will boost demand in three to six months.
-- Copper rose $187 to $9,305 a metric ton at 7:24 a.m. on the London Metal Exchange. Relative Strength Index 41.1.
-- Aluminum gained 0.6 percent to $2,507 a ton. RSI 44.0.
-- Zinc climbed 2 percent to $2,327 a ton. RSI 42.7.
-- Lead added 1.1 percent to $2,536 a ton. RSI 49.8.
-- Nickel advanced 2.4 percent to $25,301 a ton. RSI 34.7.
-- Tin rose 1 percent to $28,900 a ton. RSI 36.2.
Other markets: Last % Change % YTD
U.S. Dollar Index 76.354 +0.03 -3.4
Crude oil $97.94 +0.8 +7.2
Gold $1,401.82 +0.4 -1.3
MSCI World Index 1,280.54 +0.7 +0.04
Economic Events:
Forecast Prior Time
(London)
Euro-Zone CPI 0.4% -0.7% 10:00
U.S. Housing Starts 566K 596K 12:30
U.S. Producer Price Index 0.7% 0.8% 12:30
