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Monday, May 26, 2014

Brent Crude Falls as Ukraine Elects President; WTI Declines

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 12:06 AM No comments
Brent crude fell amid speculation Ukraine��s election of a new president may help ease months of tension with Russia, the world��s biggest energy exporter. West Texas Intermediate slid in New York. Futures dropped as much 0.5 percent in London. Ukrainians voted billionaire Petro Poroshenko as president yesterday, handing him the task of stemming separatist unrest in the country, a conduit for Russian oil and natural gas supplies to...

China Stocks Climb on Policy Support Speculation; Carmakers Jump

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 12:06 AM No comments
China stocks rose, sending the benchmark index to the highest level in almost two weeks, amid speculation policy makers will take further steps to bolster economic growth. The Shanghai Composite Index climbed 0.4 percent to 2,042.52 as of 10:08 a.m. local time after Premier Li Keqiang said the nation will fine-tune policy to support the economy. SAIC Motor Corp. and Avic Aircraft Co. paced gains among transportation companies after...

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