Feb. 14 (Bloomberg) –Copper declined for a third day in London after Moody's Investors Service cut the debt ratings of six European countries, damping the region's growth and demand outlook.
Market News:
Metals News:
Metal Prices:
-- Copper fell 0.3 percent to $8,401 a metric ton by 7:38
a.m. on the London Metal Exchange. Relative Strength Index 54.
-- Aluminum declined 0.3 percent to $2,204 a ton. RSI 49.
-- Zinc dropped 0.9 percent to $2,057 a ton. RSI 49.
-- Lead fell 0.2 percent to $2,110 a ton. RSI 45.
-- Nickel declined 0.8 percent to $20,389 a ton. RSI 48.
-- Tin dropped 1.6 percent to $24,600 a ton. RSI 66.
Other Markets:
Last % Change % YTD
U.S. Dollar Index 79.238 0.1 -1.2
Crude oil $100.60 -0.3 1.8
Gold $1,716.65 -0.3 9.8
MSCI World Index 1,276.58 -0.2 8.0
Economic Events:
Forecast Prior Time
(London)
Germany ZEW Econ. Sentiment FEB -11.8 -21.6 10:00
U.S. Advance Retail Sales JAN 0.8% 0.1% 13:30
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