Minyak Pimpin Penurunan Mingguan Terbesar Karena Jumlah Rig Menguat

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Minyak menuju penurunan mingguan terbesar sejak Maret karena jumlah rig pengeboran aktif di AS naik untuk pertama kalinya dalam tahun ini.

Minyak berjangka di New York merosot untuk hari ketiga dan turun 5,2 persen untuk minggu ini. Jumlah rig naik 12 menjadi 640, kenaikan pertama sejak bulan Desember lalu, menurut data dari Baker Hughes Inc. Stok minyak mentah AS naik sebesar 2,39 juta barel hingga 26 Juni yang lalu, menurut laporan pemerintah pada Rabu kemarin, dibandingkan dengan perkiraan penurunan dalam survei Bloomberg sebesar 2,5 juta.

Rebound minyak dari level terendah enam tahun di bulan Maret telah terhenti di tengah spekulasi bahwa kenaikan harga akan memacu pemulihan dalam pengeboran dan memperpanjang berlimpahnya pasokan. Produksi minyak anggoata OPEC meningkat pada bulan lalu ke level tertinggi sejak Agustus 2012 setelah Irak bergabung dengan Arab Saudi dalam meningkatkan pasokan minyak menuju rekor.

Minyak mentah West Texas Intermediate (WTI) untuk pengiriman Agustus kehilangan sebanyak 53 sen, atau 0,9%, ke $ 56,40 per barel di perdagangan elektronik New York Mercantile Exchange dan berada di level $ 56,54 pada pukul 9:46 pagi waktu Sydney. Kontrak turun 3 sen menjadi $ 56,93 pada hari Kamis. Volume semua berjangka yang diperdagangkan adalah sekitar 74% di bawah rata-rata 100 hari. Dalam tahun ini harga telah naik sebesar 6,1%.

Tidak akan ada perdagangan Jumat karena tanggal 4 Juli adalah hari libur kemerdekaan di AS. Transaksi hari itu akan di booked pada Senin mendatang untuk tujuan penyelesaian.

Brent untuk pengiriman Agustus naik 6 sen, atau 0,1%, ke $ 62,07 per barel di bursa ICE Futures Europe exchange, Kamis kemarin. Minyak mentah acuan Eropa mengakhiri sesi lebih besar $ 5,14 dari WTI.(frk)

Sumber: Bloomberg

Gold Futures Pare Decline to 15-Week Low as U.S. Wages Stagnate

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Gold futures pared a decline to a 15-week low after a report showed that the U.S. added fewer jobs in June than forecast and wages stagnated, reflecting a more moderate pace of economic growth.

Earlier, gold fell as much as 1.2 percent amid concerns the Federal Reserve is moving closer to raising interest rates for the first time in nine years. Global holdings in exchange-traded funds backed by the metal last month slumped  to the lowest since 2009.

Gold on Tuesday capped the fourth straight quarterly decline, the longest skid since June 1997, partly as demand for a haven declined. The U.S. economy has completed its sixth year of expansion since the recession ended in June 2009. While the job market has rebounded, faster wage growth has been slow to follow.

Gold futures for August delivery fell 0.5 percent to settle at $1,163.50 an ounce at 1:43 p.m. on the Comex in New York. Earlier, the price touched $1,155.80, the lowest for a most-active contract since March 18.

The addition of 223,000 jobs followed a 254,000 increase in the prior month that was less than previously estimated, a government report showed Thursday. The median forecast in a Bloomberg survey called for a 233,000 advance in June.

Source : Bloomberg

U.S. Stocks Decline Before Greece Referendum Amid Jobs Report

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U.S. stocks fell, with equities posting their biggest weekly decline since March, as investors looked toward to a weekend referendum in Greece after jobs data reflected a more moderate pace of economic growth.

The Standard & Poor’s 500 Index retreated 0.1 percent to 2,076.45 at 4 p.m. in New York, and marked a second consecutive weekly slide. The U.S. market is closed Friday for a holiday.

A Labor Department report Thursday showed the addition of 223,000 jobs in June followed a 254,000 increase in the prior month that was less than previously estimated. The jobless rate fell to a seven-year low of 5.3 percent as more people left the labor force. Average hourly earnings at private employers held at $24.95.

The economy has just completed its sixth year of expansion since the recession ended in June 2009. While the job market has rebounded, faster wage growth has been slow to follow suit. The participation rate, which indicates the share of the working-age people in the labor force, decreased to 62.6 percent, the lowest since October 1977, from 62.9 percent.

Source : Bloomberg

European Stocks Drop Amid Greek Crisis With Automakers Falling

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European stocks declined for the third time in four days, as investors awaited a Greek referendum on creditors’ proposals this weekend.

The Stoxx Europe 600 Index lost 0.4 percent to 385.46 at the close in London, after rising as much as 0.3 percent in the morning. The gauge was little changed most of the day, and began falling as the euro strengthened against the dollar following a U.S. jobs report. Automakers were among the biggest decliners, while energy companies rose the most among 19 industry groups as oil advanced.

The benchmark gauge of Europe’s stocks has fallen 2.9 percent in the past four days, heading for its biggest weekly drop since May. Negotiations over Greece’s bailout broke down last weekend, when Prime Minister Alexis Tsipras announced the surprise July 5 referendum on creditors’ aid terms.

A measure of expected stock volatility was near a three-year high reached this week. A survey showed more Greeks are going against the government’s call to vote against creditors’ demands. The nation is now living with capital controls and has shut banks and its stock market after its euro-area financial-aid package expired and it missed a payment to the International Monetary Fund. Further bailout negotiations would have to wait until after the referendum.

Source : Bloomberg

U.S. Stocks Decline After Employment Data Show Moderate Growth

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U.S. stocks fell, with equities headed for a second week of declines, as jobs data reflected a more moderate pace of economic growth and investors await Greece’s weekend referendum on austerity measures.

The Standard & Poor’s 500 Index fell 0.3 percent to 2,071.92 at 12:25 p.m. in New York, after earlier rising 0.4 percent. The Dow Jones Industrial Average slipped 56.19 points, or 0.3 percent, to 17,701.72. The Nasdaq Composite Index lost 0.4 percent, while the Russell 2000 Index dropped 0.7 percent. The U.S. market is closed Friday for a holiday.

A Labor Department report Thursday showed the addition of 223,000 jobs in June followed a 254,000 increase in the prior month that was less than previously estimated. The jobless rate fell to a seven-year low of 5.3 percent as more people left the labor force. Average hourly earnings at private employers held at $24.95.

The economy has just completed its sixth year of expansion since the recession ended in June 2009. While the job market has rebounded, faster wage growth has been slow to follow suit. The participation rate, which indicates the share of the working-age people in the labor force, decreased to 62.6 percent, the lowest since October 1977, from 62.9 percent.

Source : Bloomberg