METALS-London copper slips on U.S. govt deadlock, China factory data
SINGAPORE, Oct 1 (Reuters) - London copper edged down on Tuesday as the U.S. government veered towards a shutdown and after China factory data showed growth slowed more than expected in September, pushing investors to cut risk.
* Three-month copper on the London Metal Exchange had dropped 0.23 percent to $7,285 a tonne by 0118 GMT, from the previous session when it finished little changed.
* Copper prices rose to their highest in 10 days on Monday at $7,330 a tonne, but have remained in a wider $7,000-$7,500 range since early August.
* The Shanghai Futures Exchange was shut for a week from Tuesday due to national holidays in China.
* Turnover was extremely thin with less than 500 lots changing hands.
* The U.S. Congress, still in partisan deadlock on Monday over Republican efforts to halt President Barack Obama's healthcare reforms, was on the verge of shutting down most of the U.S. government starting on Tuesday morning.
* There is a less than 10 percent chance that Washington's budget feud will lead to the United States defaulting on any of its debt, according to a majority of economists polled by Reuters since Friday.
* China's manufacturing growth edged up only slightly in September with the official Purchasing Managers' Index (PMI) at 51.1 from August's 51.0, below expectations and adding to worries that its economic recovery has foundered.
* Newmont Mining Corp the biggest gold miner in the United States, has joined the race for Glencore Xstrata's copper mining project in Peru, the Financial Times reported in its Tuesday edition.
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* The U.S. dollar and Asian shares held steady on Tuesday ahead of the deadline that would see much of the U.S. government begin to shut down.
0743 Italy Markit/ADACI manufacturing PMI
0748 France Markit manufacturing PMI
0753 Germany Markit/BME manufacturing PMI
0755 Germany Unemployment rate
0758 Euro zone Markit manufacturing PMI
0900 Euro zone Unemployment rate
1145 U.S. ICSC weekly chain store sales
1258 U.S. Markit manufacturing PMI final
1400 U.S. Construction spending
1400 U.S. ISM manufacturing index <USPMI=ECI
Three month LME copper
Most active ShFE copper
Three month LME aluminium
Most active ShFE aluminium
Three month LME zinc
Most active ShFE zinc
Three month LME lead
Most active ShFE lead
Three month LME nickel
Three month LME tin
(Reporting by Melanie Burton)