Mar. 28 (Bloomberg) - Copper dropped for first time in four days amid signs that demand growth in China, the world’s biggest user, is slowing.
Market News:
Metals News:
Metal Prices:
-- Copper fell 0.9 percent to $8,458 a metric ton by 7:45
a.m. on the London Metal Exchange. Relative Strength Index 51.
-- Aluminum declined 0.6 percent to $2,182.75 a ton. RSI 42.
-- Zinc dropped 0.7 percent to $2,020 a ton. RSI 45.
-- Lead fell 0.3 percent to $1,980 a ton. RSI 37.
-- Nickel rose 0.5 percent to $17,860 a ton. RSI 30.
-- Tin was down 0.6 percent to $22,450 a ton. RSI 42.
Other Markets:
Last % Change % YTD
U.S. Dollar Index 79.098 0.1 -1.4
Crude oil $106.51 -0.8 7.8
Gold $1,676.18 -0.3 7.2
MSCI World Index 1,321.31 -0.1 11.7
Economic Events:
Forecast Prior Time
(London)
Euro-Zone M3 YoY 2.4% 2.5% 9:00
U.K. GDP QoQ -0.2% -0.2% 9:30
U.S. MBA Mortgage Applications MAR 23 -- -7.4% 12:00
U.S. Durable Goods Orders FEB 3.0% -3.7% 13:30
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