METALS-London copper edges off three-week low as deadlock fears ease
SINGAPORE, Oct 10 (Reuters) - London copper edged higher on Thursday as signs of a thaw in the stalemate between U.S. political parties eased worries about the potential for economic meltdown, but the metal remained not far off three-week lows touched the session before.
* Three-month copper on the London Metal Exchange edged up 0.4 percent to $7,126 a tonne by 0105 GMT, paring losses from the previous session when it fell 2 percent.
* Copper prices dipped to $7,087 a tonne on Wednesday, the lowest since Sept. 18.
* The most-traded January copper contract on the Shanghai Futures Exchange slipped 0.9 percent to 51,410 yuan ($8,400) a tonne, after dipping as low as 51,260 a tonne, also the weakest since Sept. 18.
* U.S. President Barack Obama has invited House of Representatives Democrats to meet Wednesday to discuss the budget crisis and a looming debt deadline, the first of a series of talks with lawmakers of both parties, a White House official said.
* Cerro Matoso, the world's No. 2 ferronickel producer owned by multinational BHP Billiton and located in Colombia, said it has temporarily shut its mine after two weeks of protests by indigenous groups, halting 4 percent of world output.
* The London Metal Exchange's new CEO said he was ready to fight multiple U.S. lawsuits alleging anti-competitive behaviour in aluminium storage.
* Freeport-McMoRan Copper & Gold Inc, the world's No. 1 publicly listed copper producer, said it expects to sell 4.5 billion ounces of copper next year, but maintained its 5 percent cut in expected copper sales this year.
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* The dollar pulled further away from an eight-month low on Thursday on hopes of a break in the U.S. fiscal standoff, with President Barack Obama meeting Republican and Democrat lawmakers to discuss the government shutdown and raising the borrowing limit.
0645 France Industrial output
0800 Italy Industrial output
1100 Bank of England interest rate decision
1230 U.S. Weekly jobless claims
1330 IMF Managing Director Lagarde holds press briefing
1615 European Central Bank President Draghi's speech
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
($1 = 6.1211 Chinese yuan)
(Reporting by Melanie Burton; Editing by Richard Pullin)