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STRIVE FOR SOLID FUTURES

Thursday, April 14, 2016

Oil Ends Lower as Traders Grow Wary Ahead of Doha Producer Meeting

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:45 PM No comments
Oil futures finished with a loss for a second day in a row on Thursday, as the market weighed the likelihood that key producers meeting this weekend will reach a pact to cap output. Heavyweight suppliers, including Saudi Arabia and Russia, are gathering in Doha, Qatar, on Sunday to discuss curbing their output to support prices. However, doubts are growing that even if they manage to clinch an agreement, it may not be strong...

Gold futures slide for second session on firm U.S. dollar

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:37 PM No comments
Gold futures fell for a second session on Thursday as the dollar maintained its strength and demand for riskier assets remained relatively robust. The U.S. Dollar Index rose for a third day and U.S. stocks were marginally higher. June gold slid $21.80, or 1.8%, to settle at $1,226.50 an ounce. "Nothing new so far just the momentum is picking up towards the downside but we do not expect any major sell off or new trend developing," said...
Hong Kong shares climbed to three-month closing highs on Thursday, tracking global markets, as China's upbeat March trade data lifted hopes for the country's first-quarter GDP figures to be released on Friday. The Hang Seng index added 0.9 percent, to 21,337.81 points, while the Hong Kong China Enterprises Index gained 0.5 percent, to 9,237.90. Most sectors rose on Thursday, but resources and energy shares fell as investors took profit...

U.S. Stocks Little Changed on Earnings as Oil Retreats With Gold

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:34 PM No comments
U.S. stocks were little changed near a four-month high amid mixed corporate earnings, while global equities capped a fifth straight advance on gains in Europe and Asia. Commodities retreated after oil slipped and the dollar’s strength sent metals lower. The Standard & Poor’s 500 Index swung between gains and losses before ending higher by less than one point. Financial shares advanced a second day amid a spate of earnings, while...

U.S. Stocks Extend Gains With Banks, Airlines Leading Advance

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:18 PM No comments
U.S. stocks advanced, with the Standard & Poor’s 500 Index extending a four-month high, as investors assessed earnings releases and data showing the labor market is improving with little pickup in inflation. Banks wiped out earlier losses and rallied, with Bank of America Corp. climbing after saying it sees more room for cost cuts. Airline operators jumped along with Delta Air Lines Inc., which posted quarterly earnings that...

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