Oct. 10 (Bloomberg) –Copper fell for the first time in four days in London on concern that a drop in home prices in China, the world’s largest consumer, may indicate weakening demand.
Market News:
Metals News:
Metal Prices:
-- Copper fell $59, or 0.8 percent, to $7,310 a metric ton by
7:31 a.m. on the London Metal Exchange. Relative Strength
Index 37.6.
-- Aluminum fell 0.6 percent to $2,215 a ton. RSI 40.5.
-- Zinc advanced 0.9 percent to $1,937 a ton. RSI 41.4.
-- Lead jumped 1.7 percent to $1,972 a ton. RSI 37.5.
-- Nickel declined 0.8 percent to $18,760 a ton. RSI 42.3.
-- Tin declined 0.7 percent to $22,800 a ton. RSI 54.3.
Other markets:
Last % Change % YTD
U.S. Dollar Index 78.239 -0.7 -1.0
Crude oil $83.235 0.5 -8.7
Gold $1,652.65 0.9 16.3
MSCI World Index 1,126.656 0.04 -12.0
Economic events:
Forecast Prior Time
(London)
Italy Industrial Production MoM AUG 0.2% -0.7% 9:00
EC Investor Confidence OCT -18.0 -15.4 9:30
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