Oil
climbed from a two-week low amid speculation that the buildup of U.S.
crude inventories will soon end as refinery demand increases.
Futures
rose 0.8 percent in New York. U.S. stockpiles probably increased by 1.3
million barrels last week, the smallest gain since September, according
to analysts surveyed by Bloomberg. The Energy Information
Administration cut its U.S. crude production outlook for 2016 Tuesday.
Supply from non-OPEC...
Tuesday, November 10, 2015
Crude Oil Rises From Two-Week Low as Market Seen Tightening
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:22 PM No commentsGold Rises for 2nd Session in a Row on Technical Bounce
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:22 PM No comments
Gold futures settled
higher on Tuesday, with analysts attributing the modest climb to a
technical bounce a day after prices for the metal snapped a
seven-session streak of declines.
December gold GCZ5,
-0.04% added 40 cents to settle at $1,088.50 an ounce on Comex, after
seesawing between modest losses and gains early on in the session.
But prices continue to
trade a few dollars away from lowest settlement level in more than 5
years....
Asian Stocks Fluctuate as Investors Await China Economic Reports
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:22 PM No comments
Asian
stocks fluctuated, with the regional benchmark index trading near the
lowest since mid-October, as investors awaited a spate of Chinese data
for clues on the extent of the slowdown in the world’s second-largest
economy.
About
the same number of shares gained and fell on the MSCI Asia Pacific
Index, which added 0.1 percent to 132.87 as of 9:07 a.m. in Tokyo. The
gauge closed at its lowest since Oct. 14 on Tuesday as
slower-than-forecast...
Topix Falls From Near August High as Investors Weigh Earnings
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:21 PM No comments
Japanese
stocks fell, with the Topix index retreating from near the highest
level since August, as investors weighed earnings and awaited Chinese
economic reports.
The
Topix lost 0.3 percent to 1,585.17 as of 9:02 a.m. in Tokyo, after
posting a 4.1 percent rally in the past five trading days. Sumitomo
Metal Mining Co. and Mitsubishi Materials Corp. cut profit outlooks
Tuesday, underscoring the challenges from waning Chinese demand....
S&P 500 Index Rises for First Time in Five Sessions; Apple Falls
Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:20 PM No comments
U.S.
stocks were little changed, after the Standard & Poor’s 500 Index
fell the most in six weeks, as investors weighed the extent of the
autumn rally in equities and the odds of higher interest rates in
December.
The
S&P 500 rose 0.2 percent to 2,081.84 at 4:01 p.m. in New York,
erasing an earlier drop of as much as 0.4 percent, and ending the
longest losing streak since September.
The
benchmark gauge slid the most since...
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