Apr. 13 (Bloomberg) -Copper declined in London, poised for a second weekly drop, as China’s gross domestic product grew less than expected, raising concerns about demand from the largest metals user.
Market News:
Metals News:
Metal Prices:
-- Copper fell 1.1 percent to $8,130 a metric ton by 7:39
a.m. on the London Metal Exchange. Relative Strength Index 42.
-- Aluminum declined 0.1 percent to $2,101 a ton. RSI 38.
-- Zinc dropped 1 percent to $2,018 a ton. RSI 49.
-- Lead fell 1.5 percent to $2,068 a ton. RSI 50.
-- Nickel declined 0.9 percent to $18,531 a ton. RSI 49.
-- Tin fell 0.2 percent to $22,600 a ton. RSI 46.
Other Markets:
Last % Change % YTD
U.S. Dollar Index 79.460 0.2 -0.9
Crude oil $103.16 -0.5 4.4
Gold $1,674.96 -0.1 7.1
MSCI World Index 1,285.22 0.1 8.7
Economic Events:
Forecast Prior Time
(London)
U.S. Consumer Price Index MoM 0.3% 0.4% 13:30
U. of Michigan Confidence APR 76.2 76.2 14:55
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