Asian Futures Drop After WTI Gains on Syria; Dollar Holds Climb

Bloomberg (04/9) -- Asian stock-index futures fell and crude oil held its advance on concern the U.S. is moving closer to a military strike against Syria. The dollar traded near a six-week high versus the yen as growth in American factory output stoked speculation the U.S. will cut stimulus this month. Nikkei 225 Stock Average futures fell 1.4 percent by 3 a.m. in Osaka and were at 13,885 in Chicago after closing at 13,990 in Japan yesterday. Australian index futures lost 0.7 percent, while Standard & Poor’s 500 Index contracts slipped 0.1 percent after the index rose 0.4 percent. West Texas Intermediate oil was little changed at $108.53 a barrel, after yesterday’s 0.8 percent gain. The dollar was steady at 99.63 yen. A gauge of Indian stocks in New York fell to a 13-month low. U.S. House of Representatives Speaker John Boehner backed President Barack Obama’s call for action against Syria, urging colleagues to authorize a military strike. Boehner’s support pared gains in American stocks, which rallied after the Institute for Supply Management’s manufacturing index rose to the strongest level since June 2011. Australia will probably report today that economic growth slowed in the second quarter. China’s President Xi Jinping said yesterday that the government was consciously slowing expansion to adjust the economy.

Emas Meningkat pada Permintaan Setelah Boehner Dukung Obama di Suriah

Bloomberg (04/9) - Emas berjangka naik untuk pertama kalinya dalam seminggu pada permintaan untuk aset haven seiring Presiden AS Barack Obama memenangkan dukungan dari para pemimpin di Kongres untuk serangan militer terhadap Suriah. Emas berjangka untuk pengiriman Desember naik 1,1% untuk menetap di level $ 1.412 per ons pada pukul 1:40 di Comex di New York, kemajuan pertama sejak 27 Agustus Pada tanggal itu, harga melonjak 1,9% ke level tertinggi sejak pertengahan Mei setelah Menteri Luar Negeri AS John Kerry mengatakan Suriah akan bertanggung jawab untuk menggunakan senjata kimia. Logam ini naik 6,3% pada Agustus. Emas telah naik hampir 20% dari posisi terendah 34-bulan pada level $ 1,179.40 per onspada 28 Juni. Komoditas memasuki pasar beruang pada bulan April, turun 16% tahun ini, seiring beberapa investor kehilangan kepercayaan dalam logam sebagai penyimpan nilai di tengah reli ekuitas dan inflasi yang rendah. (izr)

Gold Rises on Haven Demand After Boehner Backs Obama on Syria

Bloomberg (04/9) -- Gold futures rose for the first time in a week on demand for a haven asset as U.S. President Barack Obama won support from leaders in Congress for a military strike on Syria. Gold futures for December delivery rose 1.1 percent to settle at $1,412 an ounce at 1:40 p.m. on the Comex in New York, the first advance since Aug. 27. On that date, the price jumped 1.9 percent to the highest since mid-May after U.S. Secretary of State John Kerry said Syria will be held accountable for using chemical weapons. The metal advanced 6.3 percent in August. Gold has climbed almost 20 percent from a 34-month low of $1,179.40 an ounce on June 28. The commodity entered a bear market in April, dropping 16 percent this year, as some investors lost faith in the metal as a store of value amid an equity rally and low inflation.

 

Indeks Saham A.S Mengupas Keuntungan seiring Kekhawatiran Suriah offsets Data ekonomi

Bloomberg (04/9) - Saham AS mengurangi kenaikan, setelah bulan terburuk sejak Mei 2012 untuk  Indeks Standard & Poor 500, seiring kekhawatiran tentang kemungkinan aksi militer terhadap Suriah dibayangi data ekonomi yang lebih baik dari perkiraan. Microsoft Corp tergelincir 5,9% setelah setuju untuk membeli bisnis ponsel-ponsel Nokia Oyj dan lisensi paten sebesar € 5.44 miliar ($ 7.2 miliar). Verizon Communications Inc turun 3% setelah setuju untuk membeli saham sebanyak 45% Vodafone Group Plc di Verizon Wireless sebesar  $130 miliar. CBS Corp melonjak 4,7% setelah program penyiar kembali ke Time Warner Cable Inc The S&P 500 naik 0,3% ke level 1,637.15 pada pukul 1:12 pm di New York, pengupas kenaikan sebelumnya sebanyak 1,1%. Indeks Dow Jones Industrial Average turun sebanyak 8,85 poin, atau sebesar 0,1 persen, ke level 14,801.46, menghapus penguatan awal. Perdagangan di indeks saham S&P 500 adalah 11% di atas rata-rata 30-hari pada saat ini hari. Bursa AS ditutup kemarin untuk liburan Hari Buruh. (izr)

U.S. Stocks Pare Gains as Syria Concern Offsets Economic Data

Bloomberg (04/9) -- U.S. stocks pared gains, following the worst month since May 2012 for the Standard & Poor’s 500 Index, as growing concern about possible military action against Syria overshadowed better-than-forecast economic data. Microsoft Corp. slipped 5.9 percent after agreeing to buy Nokia Oyj’s mobile-phone business and license its patents for 5.44 billion euros ($7.2 billion). Verizon Communications Inc. dropped 3 percent after agreeing to buy Vodafone Group Plc’s 45 percent stake in Verizon Wireless for $130 billion. CBS Corp. jumped 4.7 percent after the broadcaster’s programs returned to Time Warner Cable Inc. The S&P 500 climbed 0.3 percent to 1,637.15 at 1:12 p.m. in New York, paring an earlier advance of as much as 1.1 percent. The Dow Jones Industrial Average dropped 8.85 points, or 0.1 percent, to 14,801.46, erasing an earlier advance. Trading in S&P 500 stocks was 11 percent above the 30-day average at this time of day. U.S. exchanges were closed yesterday for the Labor Day holiday.