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STRIVE FOR SOLID FUTURES

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 comments
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....

Euro 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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