West
Texas Intermediate resumed its fall as Iran predicted a further slump
in prices if solidarity falters among the Organization of Petroleum
Exporting Countries.Futures slid as much as 1.2 percent in New
York after rising the first time in four days yesterday. Prices may
decline to as low as $40 a barrel amid a price war or if divisions
emerge in OPEC, said Mohammad Sadegh Memarian, Irans oil ministry head
of petroleum market analysis....
Tuesday, December 9, 2014
WTI Crude Declines as Iran Sees Further Slump on OPEC Division
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:50 PM No commentsYen Advances Most in 18 Months on Safety Demand; Ruble Tumbles
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:49 PM No comments
The
yen gained the most versus the dollar in 18 months as investors sought
safety with China tightening lending rules and political turmoil
increasing in Greece.
Japans
currency rose versus all of its major peers. The ruble fell even amid
speculation President Vladimir Putin will impose capital controls to
stem its 39 percent plunge this year. Brazils real climbed from a
three-week low as the central-bank president didnt rule out extending...
Asian Stocks Slide Amid Global Equity Retreat on China, Greece
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:49 PM No comments
Asian
stocks fell for a second day as a retreat in global equities extended
after stocks tumbled in China, a plunge in Greek shares spread to the
rest of Europe and the yen jumped amid haven demand.
The
MSCI Asia Pacific Index dropped 0.6 percent to 138.87 as of 9:00 a.m.
in Tokyo after losing 0.3 percent the previous day. China shares tumbled
the most since 2009 yesterday after...
Japan Stocks Fall as Yen and Gold Gain on Global Risk Aversion
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:49 PM No comments
Japanese
stocks fell as investors looking for safe-haven investments drove the
yen higher, damping the outlook for exporters earnings.The Topix
index declined 1.2 percent to 1,419.26 as of 9:09 a.m. in Tokyo, headed
for the biggest two-day drop since October. The Nikkei 225 Stock
Average lost 1.3 percent to 17,580. The yen traded at 119.41 per dollar
after staging its steepest intraday rally since June 2013...
S&P 500 Little Changed as Tech, Energy Offset Global Rout
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:48 PM No comments
The S&P 500 fell
less than 0.1 percent to 2,059.71 at 4 p.m. in New York after yesterday
sliding the most in seven weeks. The Dow Jones Industrial Average
dropped 52.05 points, or 0.3 percent, to 17,800.43. The Nasdaq 100 Index
added 0.4 percent and the Russell 2000 Index of small companies rallied
1.8 percent, the most since October.
Global equities fell
after China said...
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