Dec.12 (Bloomberg) --Copper dropped in London on speculation demand from China may weaken as economic growth slows in the biggest metals user.
Market News:
Metals News:
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Metal Prices:
-- Copper fell $135, or 1.7 percent, to $7,680.75 a metric ton
by 7:32 a.m. on the London Metal Exchange. Relative Strength
Index 50.
-- Aluminum declined 0.5 percent to $2,055 a ton. RSI 42.4.
-- Zinc dropped 1.4 percent to $1,975 a ton. RSI 49.6.
-- Lead fell 2.1 percent to $2,120 a ton. RSI 55.7.
-- Nickel declined 1.8 percent to $18,275 a ton. RSI 52.3.
-- Tin fell 2 percent to $19,850 a ton. RSI 38.5.
Other Markets:
Last % Change % YTD
U.S. Dollar Index 78.915 0.4 -0.1
Crude oil $98.84 -0.6 8.1
Gold $1,690.82 -1.2 19.0
MSCI World Index 1,188.24 0.1 -7.2
Economic Events:
Forecast Prior Time
(London)
U.S. Monthly Budget Statement NOV -139.0B -150.4B 19:00
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