METALS-London copper near one-month peak as dollar drops
SINGAPORE, Dec 10 (Reuters) - London copper held close to one-month highs on Tuesday as expectations that the Federal Reserve could soon start tapering its economic stimulus undermined the dollar, while steady consumer buying from China put a floor under prices.
* Three-month copper on the London Metal Exchange was trading flat at $7,123.50 a tonne by 0110 GMT from the previous session when it finished little changed but hit its highest since Nov. 12 at $7,149 a tonne.
* The most-traded February copper contract on the Shanghai Futures Exchange edged up 0.16 percent to 50,980 yuan ($8,400) a tonne.
* A top Federal Reserve official who is sometimes seen as a bellwether for U.S. monetary policy on Monday offered his voice to a growing contingent at the central bank that has argued for reducing the Fed's bond-buying at a meeting next week.
* China's annual consumer inflation unexpectedly slowed in November, easing market fears of any imminent policy tightening as authorities meet this week to outline their policy and reform priorities for 2014.
* Base metals, led by nickel, appear set to trend higher in 2014 due to tighter supplies, while unfavourable economics should keep pressure on gold and oil and prompt investors to avoid much of the commodity complex, Barclays said on Monday.
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* Stocks edged up in early Asian trade on Tuesday, while tighter money market conditions in the euro zone drove the euro close to a five-year peak against the yen and a six-week high against the dollar.
0500 Japan consumer confidence
0530 China industrial output
0530 China retail sales
0530 China urban investment
0745 France industrial output
1230 U.S. NFIB business optimism
1245 U.S. weekly ICSC chain store sales <USUBSY=ECI
1500 U.S. ISM semiannual economic forecast
1500 U.S. wholesale inventories
1700 world agricultural supply and demand report
1900 U.S. Federal budget
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 = 6.0723 Chinese yuan)
(Reporting by Melanie Burton; Editing by Joseph Radford)