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STRIVE FOR SOLID FUTURES

Tuesday, January 20, 2015

Gold Futures Approach $1,300 to Post Longest Rally in 11 Months

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 4:21 PM No comments
Gold futures approached $1,300 an ounce to post the longest rally in 11 months on speculation that the European Central Bank will boost economic stimulus, increasing demand for the precious metal as a haven. Assets in the SPDR Gold Trust, the biggest exchange-traded product backed by the metal, last week rose 3.3 percent, the most since May 2010. Futures posted the biggest weekly gain in 18 months after the Swiss central bank unexpectedly...

Dollar at Almost 10-Year High on Diverging Policy; Loonie Drops

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 4:18 PM No comments
A gauge of the dollar approached a 10-year high on speculation the U.S. is moving toward raising interest rates as policy makers in Europe and Japan meet to discuss further measures to bolster their stagnant economies. The U.S. currency climbed for a third day versus the yen as the Japanese central bank considers expanded monetary easing at a policy meeting ending tomorrow. The euro was at almost the lowest level in 11 years before...

U.S. Stocks Advance as Tech Rally Offsets Global Growth Concern

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 4:16 PM No comments
U.S. stocks rose, with the Nasdaq 100 Index rallying as gains from Apple Inc. to Netflix Inc. helped offset concerns that global growth is slowing. Yahoo! Inc., Micron Technology Inc. and Apple jumped more than 2.3 percent to lead technology shares. Netflix surged 3.4 percent before reporting results. Delta Air Lines Inc. climbed 7.3 percent after earnings beat projections. Johnson...

U.S. Stocks Fall on Weaker Outlook for Earnings, Global Growth

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 4:15 PM No comments
U.S. stocks fell as results at companies from Morgan Stanley to Johnson & Johnson disappointed investors and the International Monetary Fund lowered its outlook for global growth. Johnson & Johnson tumbled 3.4 percent after forecasting lower earnings in 2015 as competition cuts into revenue for some of its best-selling drugs. Morgan Stanley slipped 1.5 percent after profit...

Europe Stock Gain Fourth Day to Extend Highest Level Since 2008

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 4:14 PM No comments
European stocks advanced for a fourth day, extending their highest level in seven years, amid speculation that the European Central Bank will announce a plan for quantitative easing this week. The Stoxx Europe 600 Index added 0.8 percent to 355.96 at the close of trading, after earlier rising as much as 1.2 percent. Banks and miners led gains among 19 industry groups. The benchmark gauge has rallied 4.8 percent in the four days since...

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