Gold and silver rose
on haven demand after Greece voted against yielding to further austerity
measures in a weekend referendum, risking the country’s exit from the
euro.
Bullion for immediate
delivery climbed as much as 0.6 percent to $1,175.45 an ounce and was at
$1,173.33 at 8:03 a.m. in Singapore, according to Bloomberg generic
pricing. Gold in euros rose as much as 1.8 percent to 1,068.87 euros an
ounce.
Investors shifted away
...
Sunday, July 5, 2015
Gold Climbs With Silver as Greek Vote Bolsters Demand for Haven
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:31 PM No commentsGreece Debt Crisis: Greek Voters Reject Bailout Offer
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:31 PM No comments
With
almost all the ballots counted, results from the Greek referendum show
voters decisively rejecting the terms of an international bailout.
Figures published by the interior
ministry showed nearly 62% of those whose ballots had been counted
voting "No", against 38% voting "Yes".
Greece's governing Syriza party had campaigned for a "No", saying the bailout terms were humiliating.
Their opponents warned that this could see Greece ejected...
Asian Stocks Slide as Greece No Vote Raises Risk of Euro Exit
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:30 PM No comments
Asian stocks fell as
Greece voted against accepting further austerity, increasing the
likelihood of the country’s exit from the euro zone.
The MSCI Asia Pacific
Index slid 0.5 percent to 145.65 as of 9:01 a.m. in Tokyo. Sixty-one
percent of voters backed Prime Minister Alexis Tsipras’s rejection of
further spending cuts and tax increases in an unprecedented referendum
that’s also taken the country to the brink of financial collapse....
Japan Stocks Fall, Yen Rises After Greece Votes No to Austerity
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:30 PM No comments
Japanese stocks fell
and the yen strengthened as investors sought haven assets after Greek
voters rejected austerity demanded by creditors, endangering the
renegade nation’s future in the euro zone.
The Topix lost 1.5
percent to 1,627.15 as of 9:01 a.m. in Tokyo, with all of its 33
industry groups declining. The Nikkei 225 Stock Average dropped 1.6
percent to 20,209.49. The yen, regarded as a haven, gained 1.3 percent
to 134.60 per...
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