Copper Rises in London as Fed Meets to Boost Growth: LME Preview

Sept. 21 (Bloomberg) –Copper rose in London as Federal Reserve policy makers meet to consider ways to boost economic growth.

Market News:

Metals News:

Metals Prices:
-- Copper jumped $61, or 0.7 percent, to $8,366 a metric
ton by 7:46 a.m. on the London Metal Exchange. Relative Strength
Index 32.
-- Aluminum advanced 0.3 percent to $2,332 a ton. RSI 39.
-- Zinc was up 1.6 percent at $2,116 a ton. RSI 41.
-- Lead climbed 0.3 percent to $2,327 a ton. RSI 42.
-- Nickel was up 0.1 percent at $21,245 a ton. RSI 46.
-- Tin gained 1.1 percent to $22,889 a ton. RSI 39.

Other markets:         Last          % Change    % YTD

U.S. Dollar Index     76.99           -0.1     -2.6
Crude Oil            $86.78           -0.2     -5.0
Gold              $1,810.65            0.4     27.4
MSCI World Index   1,162.38            0.1     -9.2

Economic Events:
                                    Forecast     Prior     Time
                                                        (London)

UK Bank of England Meetings                              09:30
UK Public Sector Net Borrowing        11.4B      -2.0B   09:30
US Existing Home Sales                 1.7%      -3.5%   15:00
US FOMC Rate Decision                  0.25%      0.25%  19:15