Market Report Jalatama

Emas Hentikan Relinya

                

Emas melemah pada hari Jumat mengakhiri kenaikan selama empat hari terakhir akibat penguatan dolar, meskipun logam tetap stabil di sekitar level $ 1.220 akibat sentimen prospek perlambatan ekonomi yang meluas yang dapat mempertahankan suku bunga ultra rendahnya.

                

Kekuatan dalam mata uang AS mendorong komoditas melemah di seluruh perdagangan, bersama dengan minyak Brent berjangka yang sebelumnya jatuh lebih dari 1 persen menuju level terendahnya dalam empat tahun terakhir, sementara kekhawatiran tentang prospek perlambatan ekonomi dunia memukul pasar saham.

                

Spot emas turun sebesar 0,3 persen ke level $1,219.94 per ons pukul 14:05 waktu setempat, sementara Emas berjangka AS untuk pengiriman Desember turun $4,50 per ounce ke level $1,220.60. Emas mencapai level terendah dalam 15 bulan terakhir di level $1,183.46 pada hari Senin lalu pasca rilis data pekerjaan AS yang kuat memicu pembicaraan bahwa suku bunga AS dapat meningkat lebih cepat daripada yang direncanakan. Emas telah rebounded, namun, dan tetap di jalur untuk mencatat kenaikan mingguan terbesar dalam empat bulan terakhir.

                

Rebound emas mendapat momentumnya pasca rilis risalah dari pertemuan September the Fed, yang dirilis pada hari Rabu lalu, menunjukkan bahwa para pejabat sedang berjuang dengan berbagai cara guna menghadapi ancaman ganda dari peningkatan dolar yang tinggi dan perlambatan global.

Gold Market Resume

Asian Stocks Advance After Japan Pension Fund Report

Asian stocks climbed, led by a rally in Japanese shares after a committee advising the ministry that oversees the world’s largest pension fund said it no longer needs to focus on domestic bonds.

Mitsubishi UFJ Financial Group Inc. gained 1.4 percent in Tokyo. Myer Holdings Ltd. (MYR), Australia’s largest department-store operator, advanced 1.3 percent in Sydney after retail sales in January climbed the most in a year. Naver Corp. headed for a record close in Seoul after Daewoo Securities lifted its price target on the Internet company.

The MSCI Asia Pacific Index rose 0.2 percent to 137.85 as of 10:07 a.m. in Tokyo. The 128.6 trillion yen ($1.26 trillion) Government Pension Investment Fund should seek yearly returns of 1.7 percent plus the rate of pay increases for workers, according to a draft report from the committee tasked with helping the health ministry decide on economic assumptions for investment targets.

Japan’s Topix index rose 0.3 percent. New Zealand’s NZX 50 Index advanced 0.5 percent, extending gains from a record high. Australia’s S&P/ASX 200 Index (AS51) declined 0.1 percent, retreating from a 5 1/2-year high. The gauge pared losses of as much as 0.4 percent after retail sales in January beat estimates.

The MSCI Asia Pacific Index climbed 5.7 percent from this year’s lowest level through yesterday, leaving the gauge trading at 12.9 times the estimated earnings of its constituent companies, compared with 15.9 for the Standard & Poor’s 500 Index and 14.6 for the Stoxx Europe 600 Index, according to data compiled by Bloomberg.

Futures on the S&P 500 were little changed after the U.S. equities benchmark fell less than one point to 1,873.81 in New York.

(Source: Bloomberg)

Hong Kong Stocks Decline After China Manufacturing Data

Hong Kong stocks dropped, with the benchmark index headed for its biggest drop in two weeks, after a Chinese manufacturing gauge slumped. China Petroleum & Chemical Corp. jumped on a plan to seek private investors.

Industrial & Commercial Bank of China Ltd., the nation’s largest lender, slid 2.5 percent as financial companies led losses. Tencent Holdings Ltd. (700), Asia’s largest Internet company by market value, slid 2.7 percent after Facebook Inc. agreed to buy mobile-messaging startup WhatsApp Inc. China Petroleum, also known as Sinopec, soared 7.1 percent after saying it’s seeking investors for as much as 30 percent of its oil retail unit.

The Hang Seng Index lost 1.4 percent to 22,358.80 as of 10:23 a.m. in Hong Kong, after rising as much as 0.4 percent. About five stocks declined for each that rose on the 50-member gauge, with trading volume more than double the 30-day average. The Hang Seng China Enterprises Index (HSCEI), also known as the H-share index, retreated 1.4 percent to 9,918.90.

The preliminary February reading of 48.3 for a Purchasing Managers’ Index released today by HSBC Holdings Plc and Markit Economics compares with January’s final figure of 49.5 and the 49.5 median estimate in a Bloomberg News survey of 17 economists. A number below 50 indicates contraction.

(Source: Bloomberg)