A.S mendukung Peran IMF di Eropa

Reuters (16/7) – Pihak A.S mendukung peran IMF dalam membantu menstabilkan kembali zona euro, seperti yang dikatakan oleh pejabat treasury A.S dihari Senin kemarin. Brainard berbicara menjelang pertemuan pada akhir pekan ini di Moskow yang terdiri dari menteri keuangan dan ketua bank sentral dari ekonomi terdepan G-20, jalur pemulihan yang lambat dari Eropa kemungkinan akan menjadi focus diskusi, sama dengan halnya kemungkinan terhadap resiko dalam market Negara berkembang dan juga pertumbuhan yang lamban di China. Pihak IMF memulai kemitraan dengan pihak European institutions beberapa tahun yang lalu untuk membantu membendung krisis hutang di Eropa serta mencegahnya untuk melebar ke Negara lainnya, namun para pemberi pinjaman telah berhadapan dengan beragam aturan dan mode operasi, yang telah memimpin beberapa pejabat untuk mendesak pihak IMF untuk memainkan peran kecil dalam paket penyelamatan Eropa dimasa depan. Dalam pertemuan sebelumnya, pihak A.S telah mendorong Negara Eropa yang memiliki surplus perdagangan, seperti Jerman untuk fokus mendongkrak terhadap demand domestik dalam rangka untuk membantu langkah pemulihan, dengan nada yang sama seiring dengan Brainard mendesak pihak Eropa untuk memiliki sebuah 'demand plan' untuk mendongkrak pertumbuhan ekonomi, dan juga untuk bergerak cepat menuju sebuah persatuan serikat perbankan. Pihak A.S mengatakan dalam pertemuan G-20 dengan kondisi ekonomi terkuatnya sejak dimulainya pertemuan tersebut, terdapat kemungkinan pada posisi penawaran yang lebih baik seiring dengan dorongan untuk acuan terhadap pertumbuhan.(tito) http://www.reuters.com/article/2013/07/15/us-usa-g20-imf-idUSBRE96E0WF20130715

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 8:22 AM

Most Hong Kong Stocks Advance After China GDP, Industrial Data

Bloomberg, (15/7) -- Most Hong Kong stocks climbed, with industrial goods and materials shares leading gains, even after China’s economic growth met analysts’ estimates.

The Hang Seng Index advanced 0.1 percent to 21,290.76 as of 10:05 a.m. in Hong Kong, with twice as many shares rising as falling. Volume on the equity benchmark was 42 percent lower than the 30-day intraday average. The Hang Seng China Enterprises Index of mainland shares added 0.3 percent to 9,461.07 after last week rising the most since May.

Hang Seng Index futures rose 0.3 percent to 21,277. The HSI Volatility Index increased 0.4 percent to 21.28, indicating traders expect a swing of 6.1 percent for the equity benchmark in the next 30 days.

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 9:30 AM

Dollar Holds Gains Before Retail Sales Data Amid Fed Speculation

The dollar held gains against the yen and euro from the end of last week before U.S. data on retail sales today that may add to the case for the Federal Reserve to reduce monetary stimulus. The Bloomberg Dollar Index last week posted its first drop in a month after Fed Chairman Ben S. Bernanke signaled that bond buying won’t be dialed back soon. He is scheduled to speak on monetary policy this week. The Australian dollar rebounded after the biggest decline in a month ahead of a Chinese report today on second-quarter economic growth. The dollar rose 0.1 percent to 99.30 yen as of 8:53 a.m. in Singapore following a 0.3 percent advance on July 12. It added 0.1 percent to $1.3059 per euro after rising 0.2 percent on July 12. The European currency was little changed at 129.69 yen. Financial markets in Japan are closed today for a national holiday. The Fed buys $85 billion of Treasuries and mortgage debt each month as part of its quantitative-easing program to cap borrowing costs, which tends to devalue the U.S. currency. Bernanke on July 10 damped speculation that the Fed would slow its bond-buying program. “Highly accommodative monetary policy for the foreseeable future is what’s needed in the U.S. economy,” he said that day. The Fed chairman will deliver a semi-annual monetary policy report to Congress on July 17.

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 9:26 AM

Asian Stocks Little Changed as Investors Await China Growth Data

July 15 (Bloomberg) -- Asian stocks were little changed as investors await a report that is forecast to show China’s economy slowed in the second quarter. The MSCI Asia Pacific excluding Japan Index gained less than 0.1 percent to 439.16 as of 10:02 a.m. in Sydney. The measure declined 5.8 percent this year through last week as China’s money-market rates surged to a record and after Federal Reserve Chairman Ben S. Bernanke said policy makers may start reducing stimulus if the U.S. economy shows sustained improvement. Futures on the Standard & Poor’s 500 Index gained 0.1 percent. Japanese equity markets are closed for a holiday. Markets are yet to open in Hong Kong and China. The MSCI Asia Pacific excluding Japan Index gained 2.8 percent last week, leaving the gauge trading at 11.9 times average estimated earnings compared with 15.2 for the Standard & Poor’s 500 Index and 13.2 times for the Stoxx Europe 600 Index, according to data compiled by Bloomberg.

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PT.Kontak Perkasa Futures, Updated at: 8:15 AM

Gold Extends Rally as Aussie Gains Before China GDP

Bloomberg, (15/7) -- Gold extended its biggest weekly jump since 2011 and other precious metals rallied on prospects the U.S. will maintain monetary stimulus. The Australian and New Zealand dollars gained ahead of data economists project will show China’s economy slowed in the second quarter Gold climbed 0.4 percent to $1,290.04 an ounce by 9:09 a.m. in Tokyo, while silver rose 0.5 percent and palladium and platinum gained. The so-called Aussie strengthened 0.2 percent after sliding to the weakest level since August 2010 July 12. The kiwi added 0.2 percent, trimming a 1 percent slump at the end of last week. The MSCI Asia Pacific Index of regional stocks rose 0.1 percent, with Japanese markets closed for a holiday. Futures on the Standard & Poor’s 500 Index added 0.1 percent after the gauge increased to a record July 12. Federal Reserve Chairman Ben S. Bernanke said last week that the U.S. would need very accommodative monetary policy for the foreseeable future, bolstering gold’s allure as a store of value. China’s economy, the world’s second-largest, expanded 7.5 percent in the three months to June 30, according to the median of 45 estimates before data due today, after growth slowed to 7.7 percent in the first quarter. Finance Minister Lou Jiwei said July 12 that growth in 2013 may be below target, comments later corrected by the official Xinhua News Agency. “A major focus is the China data, particularly for countries like Australia, as there’s no doubt the economy is losing momentum,” Mark Smith, a senior economist in Wellington at ANZ Bank New Zealand Ltd., the nation’s biggest lender, said by phone. “In terms of markets, people are still very focused on the Fed.”

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 8:09 AM

U.S. dollar rallies on contrasting central bank views

Reuters (10/7) - The U.S. dollar rallied to three-year highs against major currencies on Tuesday, extending a bullish run on expectations the Federal Reserve will reduce stimulus at a time when other major central banks are likely to ease further. The euro hit a three-month low against the dollar after Standard & Poor's cut Italy's sovereign credit rating and European Central Bank policymaker Joerg Asmussen told Reuters Insider that the bank's guidance on interest rates staying at record lows extends beyond 12 months. The dollar index .DXY, which measures the greenback against a basket of six currencies, rose as high as 84.753, the strongest since July 2010. It last traded at 84.631, up 0.5 percent on the day. The euro fell as low as $1.2754, according to Reuters data, its lowest since early April. It last traded down 0.7 percent at $1.2781.

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 8:49 AM

Asian Stocks Rise, Led by Raw-Material Suppliers, Ahead of BOJ

Bloomberg (10/7) -- Asian stocks rose, led by raw-materials companies, as the Bank of Japan begins a two-day policy meeting and investors await Chinese trade data. The MSCI Asia Pacific Index rose 0.1 percent to 131.04 as of 9:02 a.m. in Tokyo, before markets open in Hong Kong and China. The MSCI Asia Pacific index fell 9 percent through yesterday from a five-year high on May 20 amid concern the U.S. Federal Reserve will begin tapering stimulus as China’s economy slows and Japan puts off unveiling economic reform policies until after upper house elections later this month. Japan’s Topix index added 2.1 percent yesterday to close at the highest level since May 22. The gauge last week capped its biggest increase across three weeks since April 2009, amid a weakening yen and optimism Prime Minister Shinzo Abe will push through economic reforms after winning upper house elections on July 21.

Written by: Kontak Perkasa Futures

PT.Kontak Perkasa Futures, Updated at: 8:46 AM