Farallon Resources Ltd. (fka FRLIF)

[the cork]

Zinc adds, Copper Advances for Second Day in London as Dollar Weakens: LME Preview

By Chanyaporn Chanjaroen - Aug 13, 2010 12:31 AM PT

Copper rose for a second day in London as a weaker dollar buoyed the appeal of commodities as an alternative investment.

-- Copper rose $29, or 0.4 percent, to $7,284 a metric ton
-- Aluminum was little changed at $2,164.75 a ton. RSI 60.4.
-- Zinc added 1.2 percent to $2,080 a ton. RSI 58.4.
-- Lead increased 1.3 percent to $2,127 a ton. RSI 59.3.
-- Nickel advanced 1.9 percent to $21,822 a ton. RSI 58.1.
-- Tin was 0.7 percent higher at $20,690. RSI 64.1.

Other markets: Last % Change % YTD
U.S. Dollar Index 82.307 -0.4 5.7
Crude oil $76.70 1.3 3.4
Gold $1,217.50 0.3 11.0
MSCI World Index 1,108.87 0.3 -5.1

Economic Events:
Forecast Prior Time
(London)

Euro zone trade balance 1.0B -3.4B 10:00
Euro zone GDP 0.7% 0.2% 10:00
U.S. consumer price index 0.2% -0.1% 13:30
U.S. advance retail sales 0.5% -0.5% 13:30
U. of Michigan confidence 69.0 67.8 14:55
U.S. business inventories 0.2% 0.1% 15:00


http://www.bloomberg.com/news/2010-08-13/copper-advances-for-second-day-in-london-as-dollar-weakens-lme-preview.html