Commodities got off to a mixed start this morning as the DJ-UBS Commodity Futures index slipped 0.4% while the dollar weakened against most major currencies ahead of a busy economic calendar this week. In London, base metals were lower across the board this morning including softer LME official 3-mo. asking prices for copper ($7,190.50/mt = $3.262/lb.), nickel ($14,350/mt = $6.51/lb.), lead ($2,158.50/mt = 97.9 cents/lb.) and zinc ($1,932/mt = 87.6 cents/lb.), despite positive Chinese and Euro zone data. In New York, COMEX Dec copper was similarly down around $3.25/lb. this morning while crude oil and gold futures were little changed around $94.80/bbl and $1,318/to, respectively. On Wall Street, the Dow Industrials were down slightly (-0.1%) this morning as the yield on 10-year Treasury notes dipped below 2.6%. In foreign exchange trading the dollar was down to 98.60 Japanese Yen this morning as the Euro firmed to just over $1.35…
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