Copper was little changed in London ahead of the U.S. durable goods orders and German IFO business climate report, which may show global growth is slowing.
-- Copper rose $16, or 0.2 percent, to $7,901 a metric ton on the London Metal Exchange at 7:53 a.m. Relative Strength Index 67.6.
-- Aluminum fell $1 to $2,291 a ton. RSI 70.
-- Zinc rose $1 to $2,251 a ton. RSI 62.6.
-- Lead rose $18 to $2,293 a ton. RSI 65.
-- Nickel gained $75 to $22,825 a ton. RSI 57.2.
-- Tin dropped $245, or 1 percent, to $23,450 a ton. RSI 69.9.
Other markets: Last % Change % YTD
U.S. Dollar Index 80.023 -0.1 2.8
Crude oil $74.95 -0.3 -5.6
Gold $1,294.2 0.1 18
MSCI World Index 1,161.41 -0.2 0.6
Economic Events: Forecast Prior Time (London)
Germany IFO business climate index 106.4 106.7 9:00
U.S. durable goods new orders -1.0% 0.4% 13:30
U.S. new home sales 295K 276K 15:00