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.

Currency Volatility Falls Before U.S. Jobs Amid Ukraine Tensions

A gauge of currency swings slid for a second day as traders monitor the Ukraine crisis and before the U.S. reports figures for February employment tomorrow.

The yen fell to a one-week low yesterday versus the dollar as Russian and U.S. diplomats met in Paris to discuss the crisis in Ukraine. The dollar maintained losses against a basket of major peers after a private report showed hiring rose less than forecast, adding to concern harsh winter weather hampered economic growth. The euro held a decline versus the pound before the European Central Bank meets today.

Deutsche Bank AG’s index measuring three-month implied volatility for nine major currency pairs, which is still trading, fell eight basis points to 7.50 percent. A decline would mark a second day of losses following a nine basis point drop on March 4.

The yen was little changed at 102.36 per dollar as of 8:42 a.m. in Tokyo after touching 102.55 yesterday, the weakest since Feb. 26. It traded at 140.56 per euro from 140.49. Europe’s 18-nation currency was little changed at $1.3732. The euro bought 82.15 pence after losing 0.4 percent to 82.13.

The Bloomberg Dollar Spot Index retreated yesterday for the first time in three sessions, falling 0.1 percent.

(Source: Bloomberg)          

Asian Stocks Drop as China Manufacturing Gauge Falls

Asian stocks fell, dragging the regional benchmark index down from an almost one-month high, after a Chinese manufacturing index dropped more than estimated.

Newcrest Mining Ltd., an Australian gold producer, lost 4.8 percent in Sydney as futures on the precious metal slid. Naver Corp. (035420) sank 5.9 percent in Seoul amid concern an expansion at WhatsApp Inc. following its acquisition by Facebook Inc. would curb sales at the South Korean Internet site. China Petroleum & Chemical Corp. surged 6.9 percent in Hong Kong after Asia’s biggest oil refiner said it’s seeking private investors.

The MSCI Asia Pacific Index lost 1 percent to 136.15 as of 10:23 a.m. in Hong Kong, as all 10 industry groups declined. A preliminary reading for a Purchasing Managers’ Index fell to a seven-month low, a report today showed, adding to signs of a factory slowdown that will limit growth. The International Monetary Fund, in a staff report prepared for central bankers and finance ministers from the Group of 20, said yesterday “significant downside risks remain” for the world economy.

(Source: Bloomberg)