Feb. 10 (Bloomberg) –Copper declined as European finance ministers held back a rescue package for Greece, fueling concerns that Europe’s sovereign-debt crisis may curb global economic growth.
Market News:
Metals News:
Metal Prices:
-- Copper fell 1.1 percent to $8,662 a metric ton by 7:57
a.m. on the London Metal Exchange. Relative Strength Index 63.
-- Aluminum declined 0.8 percent to $2,270 a ton. RSI 60.
-- Zinc dropped 0.8 percent to $2,141.75 a ton. RSI 60.
-- Lead fell 0.5 percent to $2,210 a ton. RSI 55.
-- Nickel declined 0.6 percent to $21,400 a ton. RSI 62.
-- Tin was down 0.4 percent at $25,300 a ton. RSI 76.
Other Markets:
Last % Change % YTD
U.S. Dollar Index 78.781 0.2 -1.7
Crude oil $99.21 -0.6 0.4
Gold $1,719.40 -0.6 10
MSCI World Index 1,277.82 -0.5 8
Economic Events:
Forecast Prior Time
(London)
U.S. Trade Balance DEC -$48.5B -$47.8B 13:30
U.S. Univ. of Michigan Confidence FEB 74.8 75.0 14:55
U.S. Monthly Budget Statement JAN -$34.0B -$49.8B 19:00
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