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STRIVE FOR SOLID FUTURES

Tuesday, May 27, 2014

WTI Crude Trades Near Four-Week High Before U.S. Economic Data

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:13 AM No comments
West Texas Intermediate traded near the highest price in more than four weeks before data that may signal the strength of the economy in the U.S., the world��s biggest oil consumer. WTI for July delivery was at $104.29 a barrel in electronic trading on the New York Mercantile Exchange, down 6 cents, at 11:49 a.m. Sydney time. Yesterday��s transactions will be booked with today��s...

Yen Falls as Global Easing Bets Sap Haven Bid; Aussie, Kiwi Rise

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:13 AM No comments
The yen fell to the lowest in a week against the euro as gains in Asian stocks and speculation policy makers globally will add to measures supporting growth damped demand for haven assets. Japan currency dropped versus all except two of its 16 major counterparts before Bank of Japan Governor Haruhiko Kuroda speaks at a conference tomorrow. The Australian and New Zealand dollars climbed, paring declines this month. The euro was set for...

Gold Trades Below $1,300 on New Ukraine President, Euro Weakness

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:12 AM No comments
Gold traded below $1,300 an ounce as investors assessed whether the election of Ukraine��s president will ease tension with Russia and as the euro weakened against the dollar, reducing the appeal of the commodity. Bullion for immediate delivery was at $1,292.72 an ounce at 8:53 a.m. in Singapore from $1,292.91 yesterday, according to Bloomberg generic pricing. Gold has risen 7.6 percent this year partly on tension between Ukraine and...

Gold Holds Below $1,300; U.S. Economy Weighed Against Ukraine

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:12 AM No comments
Gold held below $1,300 an ounce as investors weighed the outlook for U.S. monetary stimulus against unrest in Ukraine. Assets in exchange-traded funds backed by platinum and palladium climbed to records.Gold fell 28 percent last year on expectations the Federal Reserve will reduce bond purchases as the economy improves. Prices rebounded 7.6 percent this year partly on tension between Ukraine and Russia. It��s Memorial Day in the U.S.Gold...

Dollar falls versus euro, rises against yen

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:12 AM No comments
MADRID -- The U.S. dollar fell against the euro on Monday, but the single currency stayed near three-month lows after European Central Bank President Mario Draghi hinted of monetary policy easing. The dollar rose to $1.3642 from $1.3630 in late North American trading on Friday. Expectations that the ECB will ease monetary policy when it meets next week have pressured the single currency in recent weeks. Draghi was speaking at the ECB...

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