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Jumat, 29 April 2016

Emas Menetap Lebih Tinggi Terkait Pelemahan Dolar Jelang The Fed

PT. Equityworld Futures - Emas berjangka menetap sedikit lebih tinggi Selasa ini karena pelemahan dolar serta investor menunggu keputusan kunci dari pertemuan dua hari Federal Reserve.
Meskipun tidak ada kenaikan suku bunga diperkirakan pada akhir pengaturan kebijakan-FOMC Rabu sore, pernyataan bank sentral bisa menawarkan petunjuk mengenai harapan FOMC untuk kenaikan suku bunga di masa depan, yang beberapa mengharapkan terjadi pada awal Juni .
Kenaikan suku bunga AS dapat mendukung greenback, namun dapat membuat emas lebih mahal bagi mereka membeli aset dalam mata uang dolar yang menggunakan mata uang lainnya.
Emas untuk pengiriman Juni naik $ 3,20, atau 0,3%, menjadi $ 1,243.40 per ons, setelah diperdagangkan serendah $ 1,232.70. Sementara itu, SPDR Gold Trust naik 0,4%, dan Pasar Vektor Emas Miners ETF naik 1,5%.
Perak untuk pengiriman Mei naik 10,1 sen, atau 0,6%, ke $ 17,11 per ons. logam ini telah diperdagangkan serendah $ 16,835, sebelum berbalik lebih tinggi.(yds)
Sumber : www.ewfpro.com

HSBC melihat emas di level $ 1300 terkait pelemahan dolar, kekhawatiran brexit

PT. Equityworld Futures - HSBC mengatakan pelemahan dolar AS dan hedging terkait dengan referendum untuk meninggalkan Uni Eropa Inggris atau yang sering disebut Brexit merupakan hal yang bullish untuk emas.
Bank foreign-exchange-team melihat euro akan naik ke level $ 1,20 pada akhir tahun. "Hal ini didukung oleh pandangan bahwa ECB (Bank Sentral Eropa) dan BOJ (Bank of Japan) tampaknya telah memprakarsai gencatan senjata dalam perang mata uang global dengan langkah menjauh mereka dari fokus yang serius untuk mata uang mereka," analis di HSBC.
"Kami percaya bahwa hal ini akan menjadi keuntungan untuk emas." Hal lain yang merupakan bullish untuk emas yakni potensi hedging menjelang referendum Inggris untuk keanggotaannya di Uni Eropa, "
Strategis forex HSBC mengungkapkan alasan mengapa franc Swiss akan menjadi mata uang yang baik sebagai hedge menjelang referendum. "Ini termasuk kemungkinan rally dalam kasus pemungutan suara untuk meninggalkan Uni Eropa, namun rasanya kurang signifikan jika referendum menegaskan keanggotaan Inggris di Uni Eropa," tambah HSBC.
HSBC percaya hubungan asimetris ini juga berlaku untuk emas. bank terus melihat potensi emas akan mencapai level $ 1.300 per ounce tahun ini. Demikian juga dengan pelemahan USD, HSBC melihat risiko global dan pemulihan sederhana harga minyak membuat emas menjadi bullish. (sdm)
Sumber : www.ewfpro.com

Selasa, 26 April 2016

Emas Tahan Penurunan Terkait Fokus Pada Pertemuan Bank Sentral Pekan ini

PT. Equityworld Futures - Emas tahan penurunannya menjelang pertemuan kebijakan bank sentral di AS dan Jepang pekan ini, dengan investor yang bersiap memisahkan setiap sinyal dari The Fed untuk arah kebijakan selama sisa tahun ini.
Bullion untuk pengiriman cepat berada di $ 1,231.69 per ons pada 8:49 pagi di Singapura dari $ 1,233.03 pada hari Jumat, ketika logam ini jatuh 1,2 persen, menurut Bloomberg generic pricing. Penurunan tersebut memangkas keuntungan tahun ini menjadi 16 persen.
Perak untuk pengiriman cepat, yang memasuki Bull Market pekan lalu, diperdagangkan pada $ 16,995 per ons dari $ 16,9706 pada hari Jumat. Logam ini mengalami kenaikan sebanyak $ 17,6973 pada hari Kamis, harga tertingginya sejak Mei 2015.(mrv)
Sumber : www.ewfpro.com

Saham Hong Kong Memerah, Ikuti Jejak Pasar Regional (Review)

PT. Equityworld Futures - Saham-saham Hong Kong jatuh pada hari Senin, mengikuti jejak pasar regional, dengan saham keuangan dan IT memimpin penurunan.
Indeks Hang Seng kehilang 0,8 persen, untuk mengakhiri hari di level 21,304.44, sedangkan Indeks China Enterprises turun 1,5 persen, ke level 8,986.33 poin.
Semua sektor, kecuali saham perusahaan jasa, jatuh.
Saham Hong Kong yang terdaftar Zoomlion Heavy Industry Science and Technology Co jatuh lebih dari 3 persen setelah perusahaan melaporkan rekor kerugian kuartalan terburuk mereka.
Melawan tren yang lebih umum, saham pengembang Cina Evergrande Real Estate Group melonjak 3,7 persen di Hong Kong, setelah mengatakan akan membeli saham di perusahaan properti milik negara Calxon Group. (sdm)
Sumber : www.ewfpro.com

Emas Berakhir Menguat Jelang Pertemuan Bank Sentral

PT. Equityworld Futures - Emas berjangka ditutup lebih tinggi pada hari Senin ini, memantul kembali ditengah dari aksi jual pada akhir pekan lalu, karena para trader melihat ke depan untuk pertemuan kebijakan suku bunga yang bisa menetapkan arah jangka dekat untuk dolar dan logam mulia.
Emas untuk pengiriman Juni naik $ 10,20, atau 0,8%, menjadi ditutup pada level $ 1,240.20 per ons. SPDR Gold Trust naik 0,4%.
Emas berakhir sedikit lebih rendah pekan lalu setelah jatuh pada hari Jumat. Perak, yang telah menyingkirkan emas karena menemukan permintaan industri, menguat 3,6% pekan lalu. Itu merupakan kenaikan mingguan ketiga secara beruntun.
Perak untuk pengiriman Mei naik sekitar 11 sen menjadi berakhir pada level $ 17,009 per ons.(yds)
Sumber : www.ewfpro.com

Rabu, 13 April 2016

Emas Membukukan Gain Beruntun Terbaik Dalam 2 bulan Terakhir


PT. Equityworld Futures - Emas berjangka berbalik lebih tinggi pada Selasa ini, membukukan gain terbaik dari serangkaian penguatan untuk logam kuning di sekitar dua bulan terakhir.
Emas Juni ditutup $ 2,90, atau 0,2%, lebih tinggi pada $ 1,290.90 per ons. gain Selasa mencatat penguatan empat sesi secara beruntun terpanjang sejak periode yang berakhir 9 Februari, ketika emas naik untuk lima sesi berturut-turut, menurut data FactSet.
harga emas menopang reli di saham dan minyak mentah ditengah pedagang logam fokus pada lemahnya laba kuartalan dari perusahaan serta prospek suram untuk pertumbuhan global yang ditawarkan oleh Dana Moneter Internasional (IMF).
Alcoa Inc melaporkan hasil kuartal pertama yang lebih baik dari perkiraan pada Senin, tetapi menunjukan outlook yang lemah untuk laba. Pada hari Selasa, IMF menurunkan estimasi pertumbuhan global, sehingga memangkas perkiraan sebesar 3,2% pada tahun 2016 dari 3,4%. IMF juga memangkas estimasi pertumbuhan untuk Amerika menjadi 2,4% pada tahun 2016 dari estimasi sebelumnya sebesar 2,6%.(yds)

Sumber : www.ewfpro.com

Sabtu, 14 Februari 2015

Gold Rebounds From One-Month Low as Greek Talks Reach Impasse

PT. Equityworld Futures - Gold rebounded from the lowest level in a month as European leaders failed to agree on Greece™s bailout program after talks in Brussels.
Bullion for immediate delivery rose as much as 0.4 percent to $1,223.57 an ounce and traded at $1,223.35 at 9:35 a.m. in Singapore on Thursday, according to Bloomberg generic pricing. Earlier, bullion fell to $1,215.30, the lowest level since Jan. 9, after the dollar advanced to 10-year high.
Gold climbed 3.3 percent this year as the Greek crisis and more stimulus in Europe and Asia offset the impact of a stronger dollar and prospects for higher U.S. rates. Euro-region finance ministers failed at the meeting to reach an agreement on how to keep bailout funds flowing to Greece and are set to resume talks next week. The impasse risks leaving Greece without funding by the end of this month, when the current bailout expires.
Eurogroup Chairman Jeroen Dijsselbloem said that while the ministers covered a lot of ground, they didn™t reach a joint conclusion on how to take the next steps. A Greek official said that no agreement had been made and the government won™t accept an extension of the existing bailout program.
The Bloomberg Dollar Spot Index was at 1,173.92 from 1,174.87 on Wednesday, the highest close since at least December 2004. The gauge is 3.8 percent higher this year amid speculation that the Federal Reserve will start to increase borrowing costs.
Gold for April delivery rose 0.3 percent to $1,223.10 an ounce on the Comex after dropping on Wednesday to $1,216.50, the lowest price since Jan. 9.
Silver for immediate delivery added 0.2 percent to $16.8416 an ounce. Spot platinum was 0.3 percent higher at $1,197.25 an ounce, rebounding from $1,192 on Wednesday, the lowest level since Jan. 2. Palladium rose 0.3 percent to $770.95 an ounce.

sumber : ewfpro.com

Rabu, 11 Februari 2015

Gold Prices Rise With Silver as Concern on Greek Standoff Mounts

PT. Equityworld Futures - Gold and silver futures rose for the first time in three sessions as a dispute between Greece™s prime minister and international lenders escalated, boosting demand for the precious metals as a haven.

Greece™s bonds and stocks fell as Prime Minister Alexis Tsipras showed little sign of backing down in a standoff with creditors as he began three days of debates on his government™s policy plans. In January, gold rose 8 percent, partly on European economic concerns.

Holdings in global exchange-traded products backed by gold increased on Friday to a four-month high, according to data compiled by Bloomberg. They have climbed 5 percent this year. The spot price of the metal priced in euros has gained 12 percent this year.

Gold futures for April delivery rose 0.6 percent to settle at $1,241.50 an ounce at 1:48 p.m. on the Comex in New York. The price dropped 2.4 percent in the previous two sessions on gains in the U.S. economy.

Greece will seek about 10 billion euros ($11.3 billion) in short-term financing in an effort to stave off a cash crunch.


Sumber : ewfpro.com

Jumat, 06 Februari 2015

Gold Falls as Global Equities Rose on Easing Greek Debt Concerns

PT. Equityworld Futures - Gold futures declined for the second straight day as easing concerns on Greek debt boosted global equities, reducing demand for alternative assets.
Greek Finance Minister Yanis Varoufakis proposed late on Monday to exchange existing debt for new bonds linked to economic growth. The MSCI All-Country World Index and the Standard & Poor™s 500 Index of U.S. stocks both rose as much as 1.3 percent.
Gold in January capped the biggest monthly gain in three years as concern that Greece would exit from the euro zone and signs of slowing economies outside the U.S. fueled demand for haven assets. The metal fell on Monday on concern that U.S. interest rates will increase soon.
Gold futures for April delivery fell 1.3 percent to settle at $1,260.30 an ounce at 1:51 p.m. on the Comex in New York. The metal dropped 0.2 percent on Monday.
Last year, gold posted a consecutive annual decline for the first time since 1998 as equities surged to a record and the U.S. economy gained traction.

Sumber : ewfpro.com

Jumat, 05 Desember 2014

Gold Slides as European Central Bank Snubs Bullion Purchases


Gold futures dropped after the European Central Bank said it wouldn™t consider adding to bullion purchases.
The ECB discussed buying all assets except the metal as it plans to reassess stimulus next quarter, President Mario Draghi said today. The comments come after Executive Board member Yves Mersch said last month that the bank could Å“theoretically buy bullion.
Gold has rebounded 6.8 percent since touching a four-year low on Nov. 7 amid speculation that lower prices would start to attract increased physical purchases, including from central banks. Investor demand for precious metals has waned amid a rally for equities and the dollar and as inflation remained low.
Gold futures for February delivery slipped 0.1 percent to settle at $1,207.70 an ounce at 1:43 p.m. on the Comex in New York, dropping for the second time in three days.
Source : Bloomberg

Gold Retreat as Dollar Holds Advance Before ECB Policy Meeting


Gold retreated as the dollar traded near a five-year high before a European Central Bank meeting today that may give indications on further stimulus.
The Bloomberg Dollar Spot Index was little changed before data due tomorrow that™s forecast to show U.S. jobs growth and amid speculation ECB policy makers will signal more stimulus. President Mario Draghi said last month they are open to buying a wide variety of assets.
The greenback has strengthened as the Federal Reserve considers raising borrowing costs while other central banks take steps to spur growth. A stronger dollar and higher U.S. interest rates reduce gold™s allure because the metal generally offers investors returns only through price gains.
Gold for February delivery fell 0.5 percent to $1,202.20 an ounce by 7:18 a.m. on the Comex in New York. Bullion for immediate delivery declined 0.6 percent to $1,202.25 in London, according to Bloomberg generic pricing.
Source : Bloomberg

Dollar Probes 120 Yen on U.S. Growth as Euro Traders Await ECB


The dollar strengthened to within 0.1 percent of 120 yen, reaching the highest level since July 2007, as analysts forecast that U.S. job growth will accelerate, boosting the economy while Japan™s remains mired in recession.
While the U.S. currency is being buoyed by signs of strength in the American economy, the yen and the euro are weakening as their central banks expand stimulus measures to boost growth. Europe™s shared currency touched a two-year low today as traders awaited a monetary-policy decision from the European Central Bank. Australia™s dollar slid for a sixth day after Goldman Sachs Group Inc. forecast it would decline to 79 U.S. cents.
The dollar rose 0.1 percent to 119.93 yen at 12:10 p.m. London time, after rising to 119.98, the strongest level since July 2007. The U.S. currency was little changed at $1.2313 per euro after appreciating to $1.2296, the strongest since August 2012. The yen traded at 147.66 per euro.
About $3 billion in options contracts with strikes at 120 yen per dollar expire today, according to data compiled by Bloomberg, potentially limiting the decline of the Japanese currency. The greenback appreciated 14 percent against the yen this year as the Fed moved closer to raising interest rates while the Bank of Japan increased the scale of its bond purchases as recently as October.
Source : Bloomberg

Selasa, 02 Desember 2014

Gold Retreats From Five-Week High on Outlook for Stronger Dollar


Gold retreated after the biggest one-day rally in more than a year as investors weighed the outlook for a stronger dollar against a rebound in oil prices. Silver, platinum and palladium dropped.
Bullion for immediate delivery declined as much as 0.7 percent to $1,203.45 an ounce, and traded at $1,205.47 at 8:55 a.m. in Singapore, according to Bloomberg generic pricing. The metal rallied yesterday to $1,221.43, the highest level since Oct. 30, after climbing from a three-week low of $1,142.88 as some investors ended bets on lower prices.
Gold advanced 3.8 percent yesterday, the most since Sept. 2013, as crude recovered from a five-year low and the Bloomberg Dollar Spot Index fell from the highest since 2009. The gauge of the U.S. currency remains 8.3 percent higher this year amid expectations that the Federal Reserve will start to raise interest rates next year, hurting gold™s allure. Assets in the SPDR Gold Trust, the largest exchange-traded product backed by the metal, shrank 10 percent in 2014 to a six-year low.
Gold dropped for a third month in November as the Fed assessed the timing of rate rises, while other central banks added to stimulus, strengthening the dollar. Policy makers at the European Central Bank and Bank of England meet Dec. 4.
Source: Bloomberg

Dollar Falls From 5-Year High on Speculation It Gained Too Fast


The dollar declined from the highest level in more than five years amid speculation the currency may have strengthened too much, too fast.
The greenback slipped versus most of its 16 major peers after a gauge of the Bloomberg Dollar Spot Index™s relative strength exceeded 70 on Nov. 28, a level some traders consider a signal an asset may reverse course. Russia™s ruble led a drop by some commodity-producing nations™ currencies as oil reached a five-year low. The yen gained after weakening to a seven-year low as Moody™s Investors Service cut Japan™s credit rating.
Bloomberg™s dollar index, which tracks the greenback against the currencies of 10 trading partners, sank 0.3 percent to 1,103.69 at 4:11 p.m. in New York. It closed on Nov. 28 at 1,106.90, the highest level since March 2009, as it gained for a sixth consecutive week.
The dollar fell 0.2 percent to 118.36 yen, after earlier touching 119.14 yen, the strongest since August 2007. The U.S. currency depreciated 0.2 percent to $1.2473 per euro. The 18-nation currency was little changed at 147.64 yen.
Source : Bloomberg

Selasa, 25 November 2014

WTI Drops a Second Day as OPEC Considers Sparing Three From Cut


West Texas Intermediate crude fell for a second day as OPEC considered sparing three nations from potential output cuts when the group meets in Vienna this week.
Futures slid as much as 0.4 percent in New York. Iraq, Iran and Libya wouldn™t have to trim supplies should the Organization of Petroleum Exporting Countries agree to a reduction, according to two people with knowledge of the proposal. This is not the first time the market is oversupplied, Saudi Arabia™s Oil Minister Ali Al-Naimi said in the Austrian capital.
Oil has collapsed into a bear market as the U.S. pumps crude at the fastest rate in more than three decades amid signs of a supply glut. Some OPEC producers are resisting calls to reduce production while Venezuela and Ecuador seek action to support prices ahead of discussions on Nov. 27.
WTI for January delivery dropped as much as 31 cents to $75.47 a barrel in electronic trading on the New York Mercantile Exchange and was at $75.68 at 10:06 a.m. Sydney time. The contract lost 73 cents to $75.78 yesterday. The volume of all futures traded was about 43 percent below the 100-day average. Prices have decreased 23 percent this year.
Brent for January settlement dropped 68 cents, or 0.9 percent, to $79.68 a barrel on the London-based ICE Futures Europe exchange yesterday. The European benchmark crude ended the session at a premium of $3.90 to WTI.
Source: Bloomberg

Yen Approaches Seven-Year Low Before Kuroda Speaks Amid Stimulus


The yen approached a seven-year low versus the dollar before Bank of Japan Governor Haruhiko Kuroda speaks today, as policy diverges from the Federal Reserve.
The euro maintained gains from yesterday versus its major peers after European Central Bank Governing Council member Jens Weidmann said expanding bond purchases to government debt would face Å“legal hurdles. New Zealand™s dollar held its first decline in three days before a quarterly Reserve Bank survey of inflation expectations. The BOJ today releases minutes of its Oct. 31 meeting, when it surprised markets by expanding stimulus two days after the Fed ended its bond-buying program.
The yen slipped 0.1 percent to 118.43 per dollar at 8:47 a.m. in Tokyo from yesterday, when it fell 0.4 percent. It reached 118.98 on Nov. 20, the weakest since August 2007. The yen was little changed at 147.26 per euro, after yesterday™s 0.8 percent slide. The euro traded at $1.2434 from $1.2442.
The BOJ last month lifted the annual target for enlarging the monetary base to 80 trillion yen ($675 billion), from 60 trillion yen to 70 trillion yen. The policy board voted to retain the plan at the end of a two-day meeting on Nov. 19. Kuroda is scheduled to speak at 10 a.m. in Nagoya today.
The Fed is moving to raise interest rates for the first time since 2006 after curtailing its quantitative-easing program. Futures traders predict there™s a 50 percent chance rates will rise in September for the first time since 2006.
The New Zealand dollar was little changed at 78.60 U.S. cents, after weakening 0.3 percent yesterday.
Source : Bloomberg

Jumat, 21 November 2014

WTI Crude Gains a Second Day as Investors Weigh OPEC Output Cut

West Texas Intermediate crude rose for a second day as investors weighed the likelihood OPEC will cut production when it meets in Vienna next week.
Futures advanced as much as 1.2 percent in New York. The Organization of Petroleum Exporting Countries may reduce its output target by no more than 500,000 barrels a day, Bank of America Corp. said in a note yesterday. Iran will protect its share of global sales and can double exports in two months if sanctions are removed, Oil Minister Bijan Namdar Zanganeh said, according to the ministry’s news website Shana.
Oil has collapsed into a bear market as the U.S. pumps at the fastest rate in more than three decades amid signs of weakening demand. Leading OPEC members are resisting calls to reduce supply while others including Venezuela seek action to support prices before a Nov. 27 meeting.
WTI for January delivery increased as much as 88 cents to $76.73 a barrel in electronic trading on the New York Mercantile Exchange and was at $76.61 at 10:50 a.m. Sydney time. The December contract expired yesterday after rising $1 to $75.58. Front-month prices are up 1 percent this week, heading for the first weekly gain since September.
Brent for January settlement climbed $1.23, or 1.6 percent, to $79.33 a barrel on the London-based ICE Futures Europe exchange yesterday. The European benchmark crude ended the session at a premium of $3.48 to WTI.

Source : Bloomberg

Natural Gas Rises to 5-Month High on Heating-Fuel Demand

Natural gas futures rose in New York to the highest price in almost five months as a blast of arctic air spurred heating-fuel demand.
Prices alternated between gains and losses before ending the session up 2.7 percent. The government’s Global Forecast System midday update showed that temperatures will be below normal in the eastern U.S. next week before moving closer to seasonal norms Nov. 30 through Dec. 4, according to Frontier Weather Inc. Gas demand this week jumped to an eight-month high as temperatures tumbled, according to LCI Energy Insight data.
“A very cold start to the winter has resurfaced repressed market memories of last winter, with fickle short-term weather forecasts supporting the ongoing tug-of-war in natural gas prices,” said Teri Viswanath, director of commodities strategy at BNP Paribas SA in New York. “While the midday model runs showed a slightly warmer version of the 11- to 15-day forecast period, there appears sufficient cold weather to entice buyers.”
Natural gas for December delivery rose 11.8 cents to settle at $4.489 per million British thermal units on the New York Mercantile Exchange, the highest close since June 25. Prices rose to $4.503 and dropped to $4.25 during the session. Volume for all futures traded was more than double the 100-day average at 3:48 p.m. Prices are up 22 percent from a year ago.

Price Retreat

Gas retreated during the session as futures faced resistance in the $4.50 range, said Ellen Stamm, global natural gas analyst at Schneider Electric in Louisville, Kentucky. It will take colder weather to break through that level, she said.
December $4.75 calls were the most active options in electronic trading, falling 0.6 cent to 2.3 cents on volume of 2,341 as of 3:48 p.m.
The weather model for the 11- to 15-day period “averages a couple degrees warmer than normal for just about everywhere east of the Rockies except for the Northeast, which averages nearer to normal,” said Jim Southard, meteorologist with Frontier in Tulsa, Oklahoma.
The expected temperature range in St. Louis on Dec. 2 is now 43 degrees Fahrenheit (6 Celsius) to 51, up from the previously forecast range of 34 to 41, he said.
The noon model showed no significant changes in the forecast for the next week, Southard said. A surge of polar air from Canada will push from the Great Plains to Florida Nov. 25 through Nov. 29, with the Midwest seeing the strongest intensity of the cold, according to MDA Weather Services in Gaithersburg, Maryland. About 49 percent of U.S. households use gas for heating.

Inventory Report

“This is an earlier cold snap and when they have to eat into storage earlier than they expected, that can make the market a little bit nervous,” Chris Ellsworth, fuel branch chief with the Federal Energy Regulatory Commission’s office of enforcement.
Gas stockpiles fell 17 billion cubic feet in the week ended Nov. 14 to 3.594 trillion, topping the five-year average decline of 10 billion for the period, the U.S. Energy Information Administration report showed. Analyst estimates showed an expected drop of 11 billion, as did a survey of Bloomberg users.
A deficit to weekly five-year average inventory levels widened to 6.4 percent from 6.2 percent the previous week, expanding for the first time since March.
Supplies were 5.3 percent below year-earlier inventories, compared with 5.7 percent in last week’s report.

Bigger Decline

Early data indicates that the stockpile decline in next week’s report will jump to 150 billion cubic feet, given the blast of arctic air sweeping most of the lower 48 states, according to Viswanath and Stamm. The five-year average drop for the seven days ending Nov. 21 is 6 billion.
Spectra Corp.’s Algonquin gas pipeline in the Northeast curtailed 50 percent of secondary nominations on the system at the end of last week and that rose to about 80 percent as it got colder this week, said Valeria Annibali, energy industry analyst at FERC’s enforcement office. That signals less gas was available for power generators as more pipeline capacity was used to serve firm contract holders, such as distribution companies for households, she said.
Pipeline data this week also showed a notable shift in gas flows, with the Marcellus shale in Pennsylvania and West Virginia meeting a bigger share of Northeast demand while Louisiana and Gulf flows stopped in the mid-Atlantic region, she said.
Gas demand jumped to 111.3 billion cubic feet on Nov. 18, the most for any day since Feb. 11, data show from LCI Energy in El Paso, Texas. Gas deliveries for the next day jumped to a seven-month high of $10.78 per million Btu on the day-ahead market on the Intercontinental Exchange. Algonquin prices today closed at $5.87.
“You expect prices like that in the depths of winter,” Ellsworth said.

Source : Bloomberg

Kamis, 20 November 2014

Minyak WTI Melemah Setelah Persediaan Minyak Mentah AS Menguat


Minyak mentah West Texas Intermediate (WTI) turun untuk hari keempat setelah persediaan minyak mentah AS naik, dan investor mengkaji kemungkinan pemangkasan produksi minyak OPEC.
Minyak berjangka melemah 0,4% di New York. Stok minyak mentah AS naik sebesar 2,6 juta barel pekan lalu menjadi 381.100.000, menurut laporan Energy Information Administration (EIA). Organisasi Negara-negara Pengekspor Minyak (OPEC) harus memangkas kelebihan pasokan dan mengurangi target produksi, Gubernur OPEC Libya Samir Kamal mengatakan kemarin.
Minyak telah merosot ke bear market setelah Amerika Serikat meningkatkan suku bunga tertinggi dalam lebih dari tiga dekade di tengah tanda-tanda melemahnya permintaan. Memimpin anggota OPEC menolak permintaan untuk mengurangi produksi karena produsen minyak yang lebih kecil seperti Venezuela mencari tindakan untuk mendukung harga sebelum pertemuan 27 November mendatang di Wina.
Minyak mentah WTI untuk pengiriman Desember, yang berakhir hari ini, kehilangan 33 sen menjadi $ 74,25 per barel di perdagangan elektronik New York Mercantile Exchange dan berada di level $ 74,28 pada pukul 10:48 pagi waktu Sydney. Kontrak bulan Januari yang lebih aktif turun 23 sen menjadi $ 74,27. Volume semua berjangka yang diperdagangkan adalah sekitar 46% di bawah rata-rata 100 hari. Harga WTI telah turun 25% dalam tahun ini.
Sementara minyak mentah Brent untuk pengiriman Januari turun 37 sen, atau 0,5%, ke $ 78,10 per barel di bursa ICE Futures Europe exchange kemarin. Minyak mentah patokan Eropa mengakhiri sesi di level $ 3,60 lebih besar dari WTI untuk bulan yang sama.
OPEC, yang memasok sekitar 40% dari minyak dunia, memompa 30.970.000 barel per hari pada bulan Oktober, melampaui target produksi kolektif dari 30 juta barel untuk bulan kelima berturut-turut, data yang dikumpulkan oleh Bloomberg menunjukkan.(frk)
Sumber : Bloomberg

Gold Open Interest Rises to 22-Month High as Short Bets Climb


Holdings in gold contracts reached the highest in almost 22 months as investors added to bets that prices will drop. Futures fell.
The aggregate number of futures contracts yet to be closed, liquidated or delivered rose to 459,657 yesterday, the highest since Jan. 22, 2013. Money managers have boosted their short wagers to the highest in four weeks, while long holdings dropped to the lowest since January, government data show.
Investor appetite for bullion has ebbed as the dollar jumped to the highest since 2009 against a 10-currency basket and the Federal Reserve moved closer to its first U.S. interest-rate increase in eight years, cutting demand for the metal as an inflation hedge. Gold futures slumped to the lowest in four years this month, heading for a second straight annual loss.
Gold futures for December delivery lost 0.3 percent to settle at $1,193.90 an ounce today on the Comex in New York. The metal fell to $1,130.40 on Nov. 7, the lowest since April 2010.
Aggregate trading was more than double the 100-day average for this time, data compiled by Bloomberg show.
Bullion has declined for two straight months, the longest slump this year, as U.S. equities surged to a record and inflation failed to accelerate. Fed officials said last month that lower energy costs may hold down consumer costs in the near term.
Source: Bloomberg