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Copper Rises to Record in London on Fed Speculation: LME Preview

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Dec. 9 (Bloomberg) --Copper climbed to a record in London and advanced to a 31-month high in New York on speculation the Federal Reserve may extend asset purchases to support the economy.
-- Copper rose 0.6 percent at $9,072 a metric ton at 
7:54 a.m. on the London Metal Exchange. Relative Strength Index 
68.6. 
-- Aluminum added 1.3 percent at $2,403 a ton. RSI 59.7. 
-- Zinc fell 0.6 percent to $2,296.50 a ton. RSI 53.2. 
-- Lead rose 1 percent to $2,430 a ton. RSI 55.9. 
-- Nickel gained 1.3 percent to $24,301 a ton. RSI 62.1. 
-- Tin rose 1.8 percent to $26,050 a ton. RSI 58.5.
Other markets:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Last&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; % Change&nbsp;&nbsp; % YTD 
U.S. Dollar Index&nbsp;&nbsp; 79.782&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -0.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2.5 
Crude oil&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $89.36&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.6 
Gold&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1,389.95&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27 
MSCI World Index&nbsp;&nbsp;&nbsp; 1,253.49&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.3
Economic Events: 
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forecast&nbsp;&nbsp;&nbsp;&nbsp; Prior&nbsp;&nbsp;&nbsp;&nbsp; Time 
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (London) 
ECB publishes Dec. monthly report&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9:00 
U.K. BOE announces rates&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.5%&nbsp;&nbsp;&nbsp; 12:00 
U.S. initial jobless claims&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 425K&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 436K&nbsp;&nbsp;&nbsp; 13:30
 
&nbsp;

Copper May Rise as ETPs Start Trading in London, Survey Shows 

copper-rises-to-record-in-london-on-fed-speculation:-lme-preview

Copper Rises to Record in London on Fed Speculation: LME Preview | SMM

Copper Rises to Record in London on Fed Speculation: LME Preview

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