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Monday, October 26, 2015

Oil ends at 2-month low dogged by demand worries

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:04 PM No comments
Oil prices ended in the red on Monday with lingering concerns over a global supply glut and weakening demand pushing prices to their lowest settlement in roughly two months. Natural-gas prices meanwhile, dropped for a fourth trading day in a row, losing nearly 10% for the session to hold ground at their lowest level since 2012. December West Texas Intermediate crude fell by 62 cents, or 1.4%, to settle at $43.98 a barrel on the New...

Gold Gains for First Time in Four Sessions as Dollar Weakens

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:03 PM No comments
Gold snapped the longest slump in three weeks as the dollar weakened, boosting the appeal of the metal as an alternative investment. The Bloomberg Dollar Spot Index fell, ending the longest rally since January, as traders awaited the Federal Reserve’s decision on whether to raise interest rates for the first time in almost a decade. Policy makers meet this week, and traders put the odds of a rate rise by December at 36 percent. Higher...

Asia Stocks Slip From Two-Month High as Investors Await Fed, BOJ

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:03 PM No comments
Asian stocks fell, with the regional benchmark index retreating from its highest in two months, as energy shares led losses and investors awaited policy decisions by the Federal Reserve and the Bank of Japan later in the week. The MSCI Asia Pacific Index lost 0.1 percent to 136.31 as of 9:02 a.m. in Tokyo after closing Monday at the highest since Aug. 18. The decisions on monetary policy come after China cut its lending rate last week...

Japanese Stocks Fluctuate Ahead of Fed, BOJ Meetings, Earnings

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:02 PM No comments
Japanese stocks swung between gains and losses as investors awaited a rush of company earnings and policy updates from the Federal Reserve and the Bank of Japan later this week. Steelmakers fell and retailers led gains. The Topix index slipped 0.1 percent to 1,558.01 as of 9:04 a.m. in Tokyo, swinging from a gain of less than 0.1 percent. The Nikkei 225 Stock Average was little changed at 18,940.20. The yen traded at 120.93 per dollar,...

U.S. Shares Slip Before Batch of Earnings, Fed Policy Meeting

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 6:02 PM No comments
A rally in U.S. shares stalled Monday, as investors assessed recent gains before the latest batch of earnings and a Federal Reserve meeting, with the Standard & Poor’s 500 Index slipping from a nine-week high. Technology and energy, two industries that have driven much of the benchmark’s gains as it heads toward its best month in four years, retreated today. Apple Inc. lost 3.2 percent to weigh on tech, as supplier Dialog Semiconductor...

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