Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Copper Climbs a 2nd Day on Chinese Demand Outlook: LME Preview

Copper gained for a second day in London as imports of refined metal by China, the world’s biggest user, climbed to the highest since June 2009 and after Chinese Premier Wen Jiabao pledged to bolster exports.

Market News:

-- Asian stocks jumped the most in almost three weeks, the euro and won strengthened and bond risk dropped after Chinese Premier

-- Chinese Premier Wen Jiabao said slowing growth and elevated

-- The head of the world’s biggest bond fund said he sees a more

-- BNP Paribas SA, Societe Generale SA, Credit Agricole SA and

-- Fewer existing homes were sold since 2007 than previously

-- Oil climbed for a third day in New York as investors bet that

Metals News:

-- Refined copper imports by China were 343,926 metric tons in November, according to an e-mailed statement from the customs

-- Merafe Resources Ltd. said the European benchmark ferrochrome

Metal Prices:
-- Copper gained $60, or 0.8 percent, to $7,470 a metric ton by
7:37 a.m. on the London Metal Exchange. Relative Strength Index
-- Aluminum gained 0.8 percent to $2,018 a ton. RSI 44.4.
-- Zinc advanced 0.6 percent to $1,878 a ton. RSI 43.6.
-- Lead rose 0.8 percent to $1,975.25 a ton. RSI 43.1.
-- Nickel gained 0.3 percent to $18,927 a ton. RSI 57.2.
-- Tin advanced 1.3 percent to $19,249 a ton. RSI 40.1.
Other Markets:
                     Last           % Change       % YTD
U.S. Dollar Index   79.651           -0.2            0.8
Crude oil           $98.07            0.8            7.3
Gold                $1,628.90         0.8           14.7
MSCI World Index    1,167.20          0.3           -8.8
Economic events:
                                        Forecast  Prior     Time
U.S. MBA Mortgage Applications   DEC 16    --      4.1%   12:00
Euro-zone Consumer Confidence    DEC      -21.0   -20.4   15:00
U.S. Existing Home Sales         NOV      5.05M   4.97M   15:00


Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.