






Mar. 8 (Bloomberg)-Copper rose in London as Greece moved closer to a restructuring of its debts, reviving speculation that demand for industrial metals will advance.
Market News:
Metals News:
Metals Prices:
-- Copper rose 0.6 percent to $8,346 a metric ton at 7:29 a.m.
on the London Metal Exchange. Relative Strength Index 46.
-- Aluminum was up 0.5 percent at $2,220 a ton. RSI 45.
-- Zinc climbed 0.8 percent to $2,031 a ton. RSI 46.
-- Lead gained 0.9 percent to $2,108 a ton. RSI 46.
-- Nickel was up 1.2 percent at $19,125 a ton. RSI 40.
-- Tin advanced 0.2 percent to $22,300 a ton. RSI 38.
Other Markets: Last % Change % YTD
U.S. Dollar Index 79.62 -0.1 -0.7
Crude Oil $106.30 0.1 7.6
Gold $1,688.07 0.2 8.0
MSCI World Index 1,274.69 0.3 7.8
Economic Events:
Forecast Prior Time
(London)
GE Industrial Production 1.1% -2.9% 11:00
UK BOE Announces Rates 0.5% 0.5% 12:00
EC ECB Announces Rates 1.0% 1.0% 12:45
CA Housing Starts 200K 198K 13:15
US Initial Jobless Claims 351K 351K 13:30
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