LME tin up 2.00% intraday at $48,190/tonne.

US MBA mortgage purchase index for week to Oct. 30: 131.4, prior 134.1.

A business survey released Wednesday showed Spain's services sector continued to expand strongly in October but at a slower pace as new business growth cooled and export sales fell. S&P Global Market Intelligence's Spain services PMI business activity index eased to 57.2 in October from 58.3 in September, remaining above trend. Paul Smith, economics director at S&P Global Market Intelligence, said activity is expanding above average, suggesting Spain has started Q4 well. Business confidence rose to its highest since February, supported by previously planned investment and hopes that the Nov. 29 election will bring positive change.