Copper Jumps Most in 4 Months on China Data: LME Preview

Copper advanced the most in more than four months after imports by China, the world’s biggest consumer, surged 12 percent and Spain’s bailout request boosted the euro to a two-week high against the dollar.

Market News:

Metals News:

Metal Prices:

-- Copper jumped 2.5 percent to $7,473.50 a metric ton by 7:34
a.m. on the London Metal Exchange. Relative Strength Index 40.
-- Aluminum gained 0.6 percent to $1,997.50 a ton. RSI 40.
-- Zinc advanced 1.5 percent to $1,896 a ton. RSI 45.
-- Lead rose 0.8 percent to $1,917 a ton. RSI 40.
-- Nickel was little-changed at $16,920 a ton. RSI 49.
-- Tin rose 1 percent to $19,900 a ton. RSI 45.

Other Markets:
                     Last           % Change       % YTD
U.S. Dollar Index   81.834           -0.8            2.1
Crude oil           $85.92            2.2          -13.0
Gold                $1,601            0.5            2.4
MSCI World Index    1,196.06          0.6            1.1

Economic events:
                                    Forecast    Prior     Time
Italy GDP sa and wda     QoQ          -0.8%     -0.8%      9:00

To contact the reporter on this story:
Maria Kolesnikova in London at

To contact the editor responsible for this story:
Claudia Carpenter at

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