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Tuesday, May 13, 2014

WTI Trades Near Three-Day High

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:32 AM No comments
West Texas Intermediate traded near a three-day high amid speculation that crude supplies declined a second week in the U.S., the world��s biggest oil consumer. Brent was steady in London. Futures were little changed in New York after advancing 0.6 percent yesterday. Crude stockpiles probably shrank by 1 million barrels last week, according to a Bloomberg News survey before an Energy Information Administration report tomorrow. Rebels...

Dollar Touches One-Week High Versus Yen Before U.S. Retail Sales

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:31 AM No comments
The dollar rose to the highest in a week versus the yen before a report today forecast to show U.S. retail sales increased for a third month. The greenback traded near the strongest in a month against the euro as improving U.S. economic data bolstered the case for the Federal Reserve to continue tapering stimulus, moving closer to the first interest-rate increase since 2006. A gauge of U.S. dollar strength headed for its highest close...

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