In London, LME 3-mo. copper and aluminum closed yesterday at $6,435/mt and $1,718.50/mt, respectively, while 3-mo. nickel was recently trading up around $13,734/mt. All three commodities higher than the prior week.
In New York, NYMEX crude oil futuresdipped to $40.19 per barrel pre-opening and then rose nearly $1 during early trading.
On Wall Street, the major U.S. stock indexes opened higher following modest gains as did the Asian exchanges. European exchanges were mixed, with France and Germany slightly down.
In foreign exchange trading, the dollar showed a mixed strength against most major trading rivals, but increased against the euro to $1.1742 and the British pound was buying $1.3033.
