Industrial Metals Rebound From Four-Month Lows: LME Preview

Industrial metals climbed from the lowest level in four months as an 8 percent drop since the start of February lured investors.

Market News:

Metals News:

Metals Prices:


-- Copper rose 0.6 percent to $7,572 a metric ton on the London
Metal Exchange. Relative strength index 33.
-- Aluminum advanced 0.2 percent to $1,940 a ton. RSI 35.
-- Nickel gained 0.4 percent to $16,599 a ton. RSI 41.
-- Lead was little changed at $2,170.75 a ton. RSI 32.
-- Tin rose 0.2 percent at $22,900 a ton. RSI 33.
-- Zinc gained 0.3 percent to $1,928 a ton. RSI 28.

Other markets:         Last          % Change   % YTD
U.S. Dollar Index     82.979          -0.01      +4.02
Crude Oil            $92.38           +0.24      +0.61
Gold              $1,613.82           +0.07      -3.67
MSCI ACWI            357.62           -0.06      +5.28

Economic Events:
                                    Survey    Prior      Time
                                                       (London)
U.K. Jobless Claims Change     FEB   -5.0K    -12.5K      9:30
U.S. MBA Mortgage Applications MAR 15  --      -4.7%     11:00
U.S. FOMC Rate Decision        MAR 20 0.25%    0.25%     18:00

To contact the reporters on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net; Brett Miller in Tokyo at bmiller30@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net

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