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Tin Is Top Gainer of Industrial Metals in London: LME Preview

Tin was the biggest gainer of industrial metals on speculation of re-stocking heading into the second quarter.

Market News:

-- European finance chiefs will seek to win back crisis-management momentum to navigate the currency area through

-- The euro touched a two-week low against the dollar while

-- Federal Reserve Chairman Ben S. Bernanke says the end of the

-- Asian Development Bank President Haruhiko Kuroda, a potential

-- Euro-area economic data due this week will probably show the

Metals News:

-- Hedge funds increased bullish commodity bets for the fourth

Metals Prices:

-- Copper dropped less than 0.1 percent to $8,286.75 a metric at
7:30 a.m. on the London Metal Exchange. Relative strength index
-- Aluminum climbed 0.2 percent to $2,123.75 a ton. RSI 59.
-- Nickel advanced 0.3 percent to $18,371 a ton. RSI 60.
-- Lead declined almost 0.1 percent to $2,420 a ton. RSI 58.
-- Tin was up 0.7 percent at $25,029 a ton. RSI 58.
-- Zinc fell 0.1 percent to $2,204.25 a ton. RSI 69.

Other markets:         Last          % Change   % YTD

U.S. Dollar Index     80.15           -0.1        0.5
Crude Oil            $95.65            0.3        4.7
Gold              $1,671.60            0.0       -0.2
MSCI World Index   1,409.63            0.0        4.7

Economic Events:
                                    Survey    Prior      Time
FR Industrial Production            -0.2%     0.5%       07:45

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