Oct. 25 (Bloomberg) –Copper jumped to the highest price in more than a month as investors anticipated European leaders will hammer out details on enhancing the region’s bailout fund at a summit tomorrow.
Market News:
Metals News:
Metal Prices:
-- Copper gained $92.75, or 1.2 percent, to $7,727 a metric ton
by 7:37 a.m. on the London Metal Exchange. Relative Strength
Index 52.6.
-- Aluminum rose 0.9 percent to $2,237.75 a ton. RSI 50.5.
-- Zinc advanced 1.6 percent to $1,906.50 a ton. RSI 47.2.
-- Lead declined 0.2 percent to $2,015 a ton. RSI 48.6.
-- Nickel fell 0.2 percent to $19,950 a ton. RSI 54.6.
-- Tin dropped 0.5 percent to $22,427 a ton. RSI 52.5.
Other markets:
Last % Change % YTD
U.S. Dollar Index 76.239 0.13 -3.5
Crude oil $92.04 0.9 0.7
Gold $1,655.82 0.1 16.5
MSCI World Index 1,211.69 -0.02 -5.4
Economic events:
Forecast Prior Time
(London)
U.S. Consumer Confidence OCT 46.0 45.4 15:00
U.S. House Price Index MoM AUG 0.2% 0.8% 15:00
U.S. Richmond Fed Manufact. Index OCT 0 -6 15:00
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