Jul. 25 (Bloomberg) –Copper fell for a fourth day in London as U.S. lawmakers failed to agree on raising the nation’s debt ceiling and Moody’s Investors Service cut Greece’s sovereign credit rating.
Market News:
Metals News:
Metal Prices:
-- Copper slid $45 to $9,630 a metric ton at 7:30 a.m. on theLondon Metal Exchange. Relative Strength Index 57.
-- Aluminum declined 0.5 percent to $2,577 a ton. RSI 54.8.
-- Zinc dropped 1.7 percent to $2,453 a ton. RSI 60.
-- Lead was little-changed at $2,687.50 a ton. RSI 53.5.
-- Nickel declined 0.8 percent to $23,790 a ton. RSI 53.8.
-- Tin fell 0.2 percent to $28,250 a ton. RSI 64.8.
Other markets: Last % Change % YTD
U.S. Dollar Index 74.165 -0.1 -6.2
Crude oil $99.06 -0.8 8.4
Gold $1,617.95 1.0 13.9
MSCI World Index 1,346.96 -0.1 5.2
Economic Events:
Forecast Prior Time
(London)
Chicago Fed Activity Index JUN -0.40 -0.37 13:30
Dallas Fed Mfg. Activity JUL -5.2 -17.5 15:30
Consumer Confidence Ind. Italy 104.5 105.8 9:00
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