The euro extended its biggest quarterly slide versus the dollar since its inception as Greece struggled to avert a default.
The
19-nation currency’s share of global reserve holdings fell to the least
in 12 years amid the European Central Bank’s unprecedented monetary
stimulus. That contrasts with the U.S. Federal Reserve, which is on
track to raise interest rates this year for the first time since 2006.
The
euro fell 0.8 percent to $1.0747...
Tuesday, March 31, 2015
Euro Slumps in Worst Quarter on Record as Greek Aid Talks Stall
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:37 PM No commentsGold’s March Loss Spurs Quarterly Decline on Fed Rate Outlook
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:34 PM No comments
Gold futures fell for a second month in March, leading to a decline for the first quarter.
Futures
traded mostly little changed on Tuesday, ending the day with a 0.2
percent loss after Federal Reserve Bank of Richmond President Jeffrey
Lacker said there is a strong case to be made that interest rates should
rise in June. Higher rates boost the appeal of assets with better yield
prospects such as bonds and equities, while cutting the allure...
U.S. Stocks Trim Quarterly Gain as Health-Care, Industrials Fall
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:32 PM No comments
U.S.
stocks declined amid a retreat among health-care and industrial
companies, trimming a ninth straight quarterly advance for the Standard
& Poor’s 500 Index.The S&P 500 lost 0.9 percent to
2,068.05 at 4 p.m. in New York, while marking its longest quarterly
winning streak since 1998. The Nasdaq Composite Index, down 0.9 percent
Tuesday, posted its longest quarterly winning...
European Stocks Close Lower on Greece Jitters
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:31 PM No comments
European
stock markets closed significantly lower Tuesday following mixed
eurozone data and contentious Greek bailout talks, while London's main
index failed to gain after an upgrade of British economic growth.London's benchmark FTSE 100 tumbled 1.72 percent to end the day at 6,773.04 points.Frankfurt's
DAX 30 index slumped 0.99 percent to close at 11,966.17 points, while
the...
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