Copper dropped, paring the first monthly gain since March, as expectations of a slowdown in U.S. economic growth weakened the outlook for metals demand.
-- Copper fell $6, or 0.1 percent, to $7,224.50 a metric ton on the London Metal Exchange at 7:32 a.m. Relative Strength Index 65.05.
-- Aluminum gained 0.1 percent to $2,094.50 a ton. RSI 64.1. -- Zinc fell 0.8 percent to $1,974 a ton. RSI 59.12. -- Lead declined 0.7 percent to $2,035 a ton. RSI 66.86. -- Nickel gained 0.2 percent to $20,725 a ton. RSI 59.48. -- Tin decreased 0.5percent to $19,500 a ton. RSI 69.36.
Other markets: Last % Change % YTD U.S. Dollar Index 81.601 -0.1 4.8 Crude oil $78.11 -0.3 -1.6 Gold $1,168.95 0.1 6.6 MSCI World Index 1,128.23 0.0 -3.4
Economic Events: Forecast Prior Time (London)
Euro-Zone Unemployment 10% 10% 10:00 U.S. Personal Consumption 2.4% 3.0% 13:30 U.S. GDP 2.6% 2.7% 13:30
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