Gold futures fell the
most in a week as rallies by equities and the dollar reduced demand for
precious metals as alternative investments.
U.S. and European
shares rose after China’s central bank cut lenders’ reserve requirements
by the most since the global financial crisis. The dollar rose for the
first time in a week against a basket of 10 currencies. Gold fell 2.5
percent in March as the greenback climbed for the ninth straight month....
Monday, April 20, 2015
Gold Declines With Precious Metals on Rally by Equities, Dollar
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:57 PM No commentsEuro Ends Best Streak in a Year as Greece Orders Funds Movement
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:48 PM No comments
The
euro declined, ending a four-day rally against the dollar, as European
leaders wrangled with a defiant Greece about how to avoid a default and
secure financing.
The
single currency dropped versus most of its major peers as Greek Prime
Minister Alexis Tsipras ordered local governments to move their funds to
the central bank based on needs for cash for salaries, pensions and a
repayment to the International Monetary...
Wall Street ends up on China stimulus before tech earnings
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:48 PM No comments
U.S.
stocks ended higher on Monday, reversing much of the previous session's
sharp decline, as China's steps to stimulate its slowing economy and
cautious optimism about U.S. earnings lured investors into technology
stocks.
Based
on the latest available data, the Dow Jones industrial average rose
209.4 points, or 1.17 percent, to 18,035.7, the S&P 500 gained 19.14
points, or 0.92 percent, to 2,100.32 and the Nasdaq Composite added...
Wall St. Rallies on China Stimulus, Earnings
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:46 PM No comments
U.S. stocks rose on
Monday, reversing much of the previous session's sharp decline, as
China's steps to stimulate its slowing economy and as earnings lured
money back into equities.
In the second
industry-wide cut in two months, China's central bank on Sunday reduced
the amount of cash that banks must hold as reserves in a move to help
spur bank lending and combat slowing growth.
Morgan Stanley (MS.N)
shares...
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