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Wednesday, 07/14/2010 9:54:35 AM

Wednesday, July 14, 2010 9:54:35 AM

Post# of 434
Zinc down, Copper Drops in London as Economic Growth Concerns Persist: LME Preview
By Chanyaporn Chanjaroen - Jul 14, 2010

Copper fell in London as concerns about the strength of the global economic recovery persist. Aluminum and nickel also declined.

-- Copper fell 0.5 percent to $6,651.50 a metric ton on the
London Metal Exchange at 7:10 a.m. Relative Strength Index 50.9.
-- Aluminum dropped 0.1 percent to $1,993 a ton. RSI 51.
-- Zinc declined 1.2 percent at $1,843 a ton. RSI 49.9.
-- Lead lost 0.7 percent at $1,812 a ton. RSI 51.7.
-- Nickel slid 0.4 percent to $19,475 a ton. RSI 48.
-- Tin fell 0.6 percent to $17,900 a ton. RSI 54.9.

Other markets: Last % Change % YTD
U.S. Dollar Index 83.589 0.1 7.4
Crude oil $76.87 -0.4 -3.1
Gold $1,212.35 0.0 10.5
MSCI World Index 1,111.98 0.3 -4.8

Economic Events:
Forecast Prior Time
(London)

Euro zone June CPI 0.0% 0.1% 10:00
Euro zone May Indus. Production 1.2% 0.9% 10:00
U.S. June Advance retail sales -0.3% -1.2% 13:30
U.S. business inventories 0.2% 0.4% 15:00
Minutes of FOMC meeting 19:00


http://www.bloomberg.com/news/2010-07-14/copper-drops-in-london-as-economic-growth-concerns-persist-lme-preview.html

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