Saturday, April 30, 2011

::Spain's Unemployment Rate Worst Since 1997>>

Go Finance Reporting in MADRID - Spain's unemployment rate soared 21.3 percent in the first quarter of this year. As many as 4.9 million people registered to lose his job, where the figure is the highest figure since 1997.

Unemployment during the period from January to March rose one percent from 20.3 percent at the end of 2010, and increase the pressure on Spain. The Spanish government is now trying to recover from the recession that has been more than two years and tried to convince investors that all this could overcome the problem of heavy debt.

"The country is struggling to shift from dependence on the construction sector, which supported growth for many years until the financial crisis emerged Spanish real estate bubble, and make the economy more competitive and reduce the national debt," said the Spanish government as quoted by AP, on Saturday (04/30/2011).

Currently, the number of people who lost their jobs to reach 4.9 million by the end of March, rising by 214 thousand compared to the previous quarter. As for those who lose jobs which are from the service sector, agriculture, manufacturing, and the highest is the construction.

This increase was bad news in my family life, especially for households. For as is known, the prices of basic commodities also increased.

Spain itself is forecast to experience growth that is not too large during the year 2011, only approximately 1.3 percent. So the government expects the availability of new job opportunities to increase economic growth in second half of this year. (GoFinance)

::Dow Jones Displaying his best performances>>

Go Finance Reporting in NEW YORK - The Dow Jones in late trading this week, shows the best performance since December 2010. This is due to positive sentiment the Fed's policy.

The direct market participants to take action to buy after the statement about easy money policy by the Central Bank of the United States.

The most striking increase in stocks is, Caterpillar. Issuer on Wall Street that gave impetus to the Dow Jones, after heavy trading company shares rose by 2.5 percent to USD115, 41, after reaching its highest price in the level of USD 116.25 during trading session Friday, April 29 local time.

Meanwhile, Microsoft shares fell three percent in the position of $ 25, 92 and is the largest decline in stocks leading the Dow Jones index. Shares of software companies that declined after they reported quarterly sales decline in Windows software. It is also common in Research in Motion's shares falling 14 percent to $ 48, 65, after the manufacturer of the BlackBerry smartphone is lowering its forecast in the first quarter.

Nevertheless, the Dow Jones could strengthen to 47.23 points, or 0.37 percent, to 12,810.54 level. 500 Index Standard & Poor's (SPX.) rose 3.13 points, or 0.23 percent, to 1.63,61. While the Nasdaq Composite Index (IXIC.) edged up 1.01 points, or 0.04 percent, to 2873.54.

Crate told Reuters on Saturday (04/30/2011), during the week the Dow Jones rose 2.4 percent, the S & P 500 rose 2 percent and the Nasdaq 1.9 percent drove. (GoFinance)

::Gold & Silver Prices Mutual Compete>>

Go Finance Reporting in NEW YORK - Gold prices soared, nearly reached USD1.570 per ounce in trading on Friday. It is also driven by interest rates and a weaker dollar also weakened.

When trading closed in London at the royal wedding feast, the golden afternoon trading in New York reached USD1, 569.32 per ounce before sliding back to the range of USD1.565.

"Gold took advantage of the weakening U.S. dollar and has been attacked for three days in a row," said an analyst at Commerzbank as quoted by AFP on Saturday (04/30/2011).

"The fact that the gold price rise is largely driven by the United States (U.S.) is reflected in price movements in the euro, where trade has barely changed," he added.

The metal has almost doubled increasing since late 2008 and has risen almost without interruption just below USD300 in 2001.

As for trade silver has reached USD49, 17 per ounce. It's also one in which a record increase of $ 10 in just 30 months. (GoFinance)

Friday, April 29, 2011

::Dow Jones Translucent Records, Wall Street Verdant>>

Go Finance Reporting in NEW YORK - The Dow Jones closed the transport sector at the highest point of all time on Thursday local time, until the leading stock in the United States (U.S.) higher. This is a signal higher profits due to economic demand.

On average, the Dow Jones Industrial (DJI) rose 72.35 points, or 0.57 percent to 12763.31. The broader Standard & Poor's 500 (SPX) edged up 4.82 points, or 0.36 percent, to 1360.48. While the Nasdaq Composite Index (IXIC) rose 2.65 points, or 0.09 percent to 2872.53.

Reported by Reuters on Friday (04/29/2011), the Dow Jones Transportation Average (DJT) Up 1.2 percent to 5510.06, led by shares of Norfolk Southern company that jumped eight percent to USD73, 87 after reporting strong results.

Investors also have the expectation of strong gains after the S & P 500 through 1344 on Tuesday. However, with the volume of data that is weak and faltering economic recovery that still raises the question of how quickly the S & P can go beyond the next milestone in 1400.

On the other hand, there are also some signs of cost pressures from the results of several companies such as Procter & Gamble Co. that lowers profit forecast due to cut costs and increase prices to offset rising raw material costs. Its shares were up 0.8 percent at USD64, 50.

In addition, decreased earnings reports are also a blow to the economy due to data showing U.S. economic growth has slowed and labor markets may be weakened.

However, The Federal Reserve has maintained its support for an easy monetary policy, which helped boost equity prices in the face of rising inflation. (GoFinance)

::IHSG sinkhole at Lower 3800>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) this afternoon instead sinkhole follow the movement of Asian stocks weakened. While IHSG opened higher this morning despite thin.

IHSG Friday (04/29/2011) The first session down 10.94 points, or 0.29 percent to as low as 3797.99. While the LQ45 index fell 3.97 points to 676.92 or the position of the Jakarta Islamic Index (JII) shed 1.59 points to 526.56.

The transaction value of Rp1 this afternoon, 57 trillion, with a volume of 1.6 billion shares. As many as 78 stocks advanced, 115 stocks fell, and 91 stocks still in place, aka stagnant.

Stocks that rose among PT Indosprings Tbk (inds) rose Rp1.800 to Rp11.000, PT Merck Tbk (MERK) rose 1,000 to Rp100.500, and PT Bank Mega Tbk (MEGA) rose Rp375 to Rp3. 800.

While the stocks that fell in between PT Bank Central Asia Tbk (BBCA) down Rp250 to Rp7.350, PT Bank Rakyat Indonesia Tbk (BBRI) down Rp150 to Rp6.400, and PT Bayan Resources Tbk (ITMG) down Rp150 to Rp46.900. (GoFinance)

Thursday, April 28, 2011

::Standard & Poor's: Negative Outlook Japan!>>

Go Finance Reporting in TOKYO - rating agency Standard & Poor's revised the outlook for long-term rating on Japan to be negatively associated with post-disaster recovery that is expected to cost up to $ 600 billion.

"We revised the outlook for Japan's long-term rating to negative reflecting potential downgrade if the fiscal decline exceeds estimates, the absence of greater fiscal consolidation," remarked the S & P said in a statement, quoted by AFP on Thursday (04/28/2011).

This world-class rating agency also confirmed the long-term sovereign credit ratings of Japan fell to the level of AA-. Known, Japan is likely to require reconstruction costs due to the earthquake and tsunami amounted to $ 600 billion.

S & P itself reveals the cost of Japan's development back from 20 trillion to 50 trillion yen (USD245 billion to USD612 billion). Revealed, 30 trillion yen was allocated for the center, if no action to increase revenue, such as a tax increase.

In addition, S & P warned that the projection of listed companies "must" because of the ongoing developments in nuclear power plants Fukishima, where workers struggled to cool the reactor and spent fuel rods to prevent the crisis or further radiation leaks.

For your information, the reconstruction cost of Japan's massive earthquake and tsunami is believed to be approved at $ 600 billion, which revised its outlook on sovereign debt to negative.

The disaster occurred on March 11 and devastated whole towns on the northeastern coast and triggered a nuclear crisis. Nevertheless, it will not harm Japan's medium-term growth potential.

"Standard & Poor's estimates that the costs associated with March 11 2011 tsunamis, earthquakes, and nuclear power plant disasters will improve Japan's fiscal deficit above previous estimates that 3.7 percent of GDP cumulatively through 2013," said S & P said in a statement.

This condition is also estimated that the deficit could rise to 145 percent of GDP in financial year ended March 31, 2014, compared with a previous forecast of 137 percent. (GoFinance)

::Dashed, Rupiah Parking at Rp8.575 per USD>>

Go Finance Reporting in JAKARTA - The rupiah bounce back following a weakening United States dollar (U.S.). Value of the dollar seemed to fizzle out after a statement from the governor of the Fed.

Rupiah, at the close of trading Thursday (04/28/2011) moves to strengthen Rp8.593 per USD compared to the previous day's trading Rp2.625 per USD.

Meanwhile, according yahoofinance, the rupiah strengthened through the levels Rp8.600 per USD at the level of Rp8.575 per USD with a daily trading range in Rp8.575-8625 per USD. The dollar also seemed depressed over other currencies. The euro strengthened against the dollar to 1.4846 per USD, pounds gained per U.S. $ 1.6688 and the Australian dollar rose 1.0928 per USD.

Indonesian Securities analyst Samuel tells Lana Soelistianingsih end quantity easing (QE) II will not affect much. Governors of the Fed in the first press conference that was held after the FOMC meeting stated that the Fed will complete the program purchase bonds worth a total $ 600 billion in June.

And the end of the QE2 policy is unlikely to much affect the financial markets and U.S. economy, and provides a signal that monetary policy expansion will still continue after June until conditions in the labor market continued to improve and make sure to start a tight monetary policy.

The Fed projected that the unemployment rate at year end 2011 will reach 8.4 percent, and for the year 2012 there will be between 7.6 percent-7, 9 percent. In yesterday's FOMC 27 April, the Fed still keep interest rates in the range of 0 to 0.25 percent FFR since December 2008. (GoFinance)

::Session I, IHSG Only Stronger Thin>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) first trading session today could be monitored only increased slightly. In fact, Asian stocks rose monitored. However, the domestic sector moves mixed.

IHSG Thursday (04/28/2011) afternoon only rose 1.95 points, or 0.1 percent to 3806.88 position. While the LQ45 index fell 1.03 percent instead to position 680.13, and the Jakarta Islamic Index (JII) fell 0.68 points to 526.75 level.

Some sectors that weakened IHSG allegedly supporting only able to strengthen thin. Where the plantation sector, consumer and infrastructure sectors. While the ultimate strengthening of the financial sector which led of 1.80 points.

The value of this transaction until the afternoon of Rp1, 58 trillion, with a volume of 2.15 billion shares. as much as 99 stocks advanced, 94 stocks fell, and 99 shares remain stagnant.

Stocks that rose among PT Delta Djakarta Tbk (DLTA) rose 10,000 to Rp130.000, PT Indosprings Tbk (inds) rose Rp400 to Rp8.100, PT National Pension Savings Bank Tbk (BTPN) rose Rp375 to Rp2. 975, and PT Astra International Tbk (ASII) rose Rp350 to Rp55.500.

While the stocks that fell among PT Mayora Indah Tbk (MYOR) down 300 to Rp11.400, PT Telekomunikasi Indonesia Tbk (TLKM) down Rp100 to Rp7.600, and PT HM Sampoerna Tbk (HMSP) dropped 50 to Rp27.950 . (GoFinance)

Wednesday, April 27, 2011

::Gold Price Parking at USD1.508, 96/Ounce>>

Go Finance Reporting in JAKARTA - Gold prices rose again moved in the middle of  the United States dollar (U.S.), which is in its lowest position in the last two and a half years. In addition, investors seemed to wait and see  the results  of the Fed  meeting  that discusses the monetary policy leeway.

As reported by Reuters on Wednesday (04/27/2011), price of gold in the spot market rose 0.5 percent to USD1.508, 96 per ounce. This gold price was at its highest position at the beginning of the week with parking at the level of USD1.518. Meanwhile, gold prices in the futures market rose 0.4 percent to USD1.510.

On the other hand, silver prices also rose one percent to USD45, 96 per ounce. Previously, the price of this metal had slipped as much as three percent, this is the biggest drop in six weeks.

In futures markets, silver prices rose 2.3 percent to USD46, 08 having previously also dropped to 5.4 percent.

All eyes were on the U.S. central bank meeting, the Fed, led by Ben Bernanke. Hopefully, the central bank will not rush back to support large companies by raising interest rates. (GoFinance)

::Sweet! 3 Major U.S. Indices Print The highest record>>

Go Finance Reporting in NEW YORK - The financial statements are positive from a number of issuers in the United States (U.S.) stock market managed to push a positive move. Plus a number of reports of this issuer making market participants believe the other issuer's financial statements will also be positive.

S & P 500 Index this time touched the 1344 level. This is a resistance level. Thus, this index opportunity to strengthen further the open.

Ford Motor Co., 3M Co. and United Parcel Services Inc. are among the names of bellwether for the impressive, continuing a series of positive financial reports, better than expected.

"This increase is the result of multinational companies that have reported good earnings numbers. Which is also projecting a positive thing in the future. They are blue-chip issuers who will be more radiant," said managing director at Rosenblatt Securities, Joseph Benanti as quoted by Reuters, in New York.

Shares of 3M, a Dow issuers, increased 1.9 percent to USD95, 94. While UPS rose 0.9 percent to USD74, 30. And Ford rose 0.7 percent to $ 15, 66.

According to Thomson Reuters data, as much as 35 percent of the total listed companies, amounting to S & P 500 companies have reported earnings. Where 76 percent exceed the expectations of analysts.

But there are some disappointments. Shares of Coca-Cola Co. fell 1.2 percent to USD66, 93, after its revenue in Japan fell. So is the U.S. Steel Corp. and Netflix Inc., which has decreased the share price after announcing financial statements seen as negative.

The three major U.S. stock index reached its highest level this year, even the Nasdaq rose to its highest level since October 2007. But actors seem to wait and see trades for a press conference ahead of the U.S. Federal Reserve Chairman Ben Bernanke.

At the close of trading on Tuesday (04/26/2011) local time, the Dow Jones industrial rose 115.49 points, or 0.93 percent at 12595.37. The broader Standard & Poor's 500 index rose 11.99 points, or 0.90 percent, to 1347.24. And the Nasdaq Composite Index rose 21.66 points, or 0.77 percent to 2847.54.
(GoFinance)

Tuesday, April 26, 2011

::Gold Price More Interesting at USD1.528,1 per USD>>

Go Finance Reporting in SINGAPORE - Gold prices continued to strengthen prices. This precious metal was once again a record price at USD1.518, 10 per ounce.

As quoted by Reuters, in trading on Monday (04/25/2011) the price of gold is the highest scoring record. But, in early trading today, Tuesday (04/26/2011) experienced a slight weakening commodity prices as much as 0.2 percent to USD1.505, 06.

So is the gold in the futures market which yesterday scored a record at USD1.519, 2 also fell to USD1.505, 60.

While the price of silver also experienced a price increase and a record in history at the level of USD49, 82 per ounce. But this morning was also re-price weakened 0.8 percent to USD46, 53.

In futures markets, silver was also a record at $ 50,, 35 per ounce and then went down 1.3 percent to USD46, 53.

The increase in commodity prices of these metals occurred over the long weekend market is also due to positive expectations for the Fed meeting which will take some time to come. (GoFinance)

::Wall Street Depressed Manufacturer Huggies>>

Go Finance Reporting in NEW YORK - The stock market is the United States (U.S.) closed lower due to the negative outlook from Kimberly-Clark in which rising commodity prices would seem to undermine the company revenue in the coming quarter.

Transactions that occur is also low. Where only approximately 5.4 billion shares traded on the New York Stock Exchange, American Stock Exchange and Nasdaq, below the daily average of 7.74 billion shares.

Kimberly-Clark's shares down 2.7 percent to USD64, 24 due to increased raw material increased to more than double than the company expected.

The threat of higher commodity prices will remain in the spotlight of the week will be busy with quarterly earnings reports I. Where's the next big corporate names of the 180 companies whose shares are included in the S & P 500 will be released soon, including Procter & Gamble and Colgate-Palmolive.

"Weakening trend will be the next thing because the cost is higher," said managing director of ICAP Equity Ken Polcari, as quoted by Reuters, in New York.

Kimberly-Clark, maker of baby wipes and diapers once with the Huggies brand, is one of the most vulnerable to rising commodity costs for products containing oil-based materials and paper.

At the close of trading on Monday (04/25/2011) local time, the Dow Jones industrial fell 26.11 points, or 0.21 percent to 12479.88. The broader Standard & Poor's 500 index dropped 2.13 points, or 0.16 percent to 1335.25. But the Nasdaq Composite Index rose 5.72 points, or 0.20 percent, to 2825.88. (GoFinance)

::Foreign Nett Sell Rp127 M, IHSG Down 13 Points>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) finally dragged down 13 points negative sentiment in Asia. Foreigners were recorded doing nett sell for Rp127, 5 billion.

IHSG, in late trading Tuesday (04/26/2011) fell 13.67 points, or 0.4 percent, to 3774.87. LQ45 down 3.34 points, or 0.5 percent, to 676.03 and the Jakarta Islamic Index (JII) fell 3.94 points, or 0.8 percent, to 521.35.

Asian indices this afternoon was still depressed. The Hang Seng fell 130.9 points, or 0.54 percent to 24,007, the Nikkei fell 113.27 points, or 1.17 percent to 9558 and Straits Times fell 11.7 points, or 0.37 percent to 1176.

However, European indexes seemed excited this time. CAC rose 18.69 points, or 0.47 percent to 4040, DAX rose 34.39 points, or 0.47 percent to 7329 and the FTSE rose 24.28 points, or 0.4 percent to 6042.

The majority of supporters of the sector stock index moved lower. Mining sector fell 8.45 points, or 0.3 percent, the consumption sector fell 3.91 points, or 0.3 per cent and manufacturing sector fell 6.59 points, or 0.8 percent.

The trading volume registered 3.97 billion shares worth Rp 3, 13 trillion. Foreigners, at this time recorded a nett trade sell at Rp127, 5 billion. Over 107 sham weakened, 104 stocks down and 113 stocks stagnated.

Stocks that move down (top lossers) is PT Multi Bintang Indonesia Tbk (MLBI) down Rp5.000 to Rp285.000, PT Mulia Semanan Copper Page (TBMS) down Rp1.400 to Rp5.800 and PT Astra International Tbk (ASII) down Rp800 to Rp54.100.

While stocks are moving to strengthen (Top gainers), among others, PT Malindo Feedmell Tbk (MAIN) rose Rp350 to Rp5.650, PT Samudera Indonesia Tbk (SMDR) rose Rp325 to Rp4.200 and Multibreeder Indonesia Tbk PT (MBAI) rose Rp250 to Rp18.000. (GoFinance)

::Negative Asia, Rupiah So Down>>

Go Finance Reporting in JAKARTA - Asia this negative sentiment seems to make the rupiah weakened again. In fact, the United States dollar (U.S.) this time again to weaken.

Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (04/26/2011) weakened to Rp8.656 per USD compared to the previous period of trading Rp8.628 per USD.

According yahoofinance, the rupiah is in a position Rp8.642 per USD with a daily trading range Rp8.605-Rp8.662 per USD. While other world currencies strengthened against the dollar tracked. The euro strengthened against the dollar to 1.4612 per USD, pounds rose to 81.675 per USD and the Australian dollar strengthened to 1.0749 per U.S. dollar.

While new home sales in March in the U.S. is expected to rise from its lowest point. New home sales are expected to rise 12 percent mom to reach 280,000, although in February and then fell sharply to 17 percent mom.

Although expected to show an improvement but increased sales of new homes is considered to be slow because it is still tight credit. However, with the expectation that the Fed still will continue the policy of monetary expansion (quantitative easing / QE) to two by the end of next June, coupled with consumer confidence, income of workers who continue to improve, and the unemployment rate coming down, making this new home sales will begin to show increases.

On 27 April FOMC meeting tomorrow, the Fed is predicted to maintain its interest rates at 0 to 0.25 FFR percent, a positive factor for new home sales in the U.S. in the future.
(GoFinance)

Monday, April 25, 2011

::Ensure BoJ Japan's economy slowing in the first semester>>

Go Finance Reporting in TOKYO - Japan's central bank governor (Bank of Japan / BoJ) Masaaki Shirakawa ensure Japan's economy will experience a contraction in the first half of 2011 was after the earthquake and tsunami.

"We estimate the production activities and GDP will decline in the first quarter and second quarter," Shirakawa said in an interview with the Wall Street Journal as quoted by AFP.

He said industrial production interruption due to the core of the problems facing the Japanese economy is a giant earthquake and tsunami last March 11 that have made as many as 26,455 dead or missing.

Natural disasters are damaging production facilities and an atomic power plant in northeastern Japan. That triggered a nuclear crisis on the world's worst since Chernobyl and electricity shortages and disruption of supply.

Shirakawa said the disruption to production could take place at least until next August because of shortage of resources caused by the nuclear crisis.

BoJ governor this comment is in line with analysts who say the disaster declaration that would force the third-largest world economy slowed in the first half. (GoFinance)

::Following Asia, IHSG weakened 12 pts>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) seem to be moving down earlier this week along with her red Asian index.

IHSG, in late trading on Monday (04/25/2011) dropped 12.54 points, or 0.33 percent to 3788.54. LQ45 down 3.0 points, or 0.44 percent to 679.37 and the Jakarta Islamic Index (JII) dropped 3.9 points, or 0.74 percent to 525.29.

Asian indices also still moving both directions in the afternoon this time. Hang Seng positive 242.21 points, or 1.01 percent to 24,138, the Nikkei fell 10.25 points, or 0.11 percent to 9671 and Straits Times fell 4.28 points, or 0.13 points to 3190.

While European indexes moved positive. CAC rose 17.26 points, or 0.43 points to 4021 m, DAX rose 46.3 points or 0.64 percent, to 7295, and the FTSE down 3.96 points, or 0.07 percent to 6018.

Supporting sector stock indexes also moved in both directions. financial bSektor down 0.46 points, or 0.1 percent, the manufacturing sector fell 3.66 points, or 0.43 percent and mining sector rose 0.32 points, or 0.01 percent.

Trading volume appears minimal as much as 2.3 billion shares worth Rp 2 trillion. A total of 112 stocks fell, 104 stocks down and 100 stocks stagnated.

Stocks that move strengthened (Top gainers) is Akhasa Wira International Tbk PT (ADES) rose 200 to R [p1.680, PT Adira Dinamika Multi Finance Tbk (ADMF) rose 50 to Rp11.850 and PT Astra Graphia Tbk (ASGR) rose 50 to Rp830.

While the stock is moving down (top lossers), among others, PT Astra International Tbk (ASII) down 900 to Rp54.900, PT Bayan Resources Tbk (BYAN) down Rp250 to Rp17.000 and PT Astra Agro Lestari Tbk (AALI) down 100 to Rp22.850. (GoFinance)

::Dollar continues to weaken, Rupiah Almost See Through Level Rp8.600/USD>>

Go Finance Reporting in JAKARTA - The rupiah strengthened to almost look back through the psychological label Rp8.600 per USD. Trigger Homeland strengthening currency is weakening trend of the United States dollar (U.S.).

Amount, according to the prevailing Bank of Indonesia it appears logical (BI) on Monday (04/25/2011) stagnated at the level of Rp8.628 per USD, where the previous trading period was as much Rp8.629 per USD.

But, according to yahoofinance, instead rupiah strengthened to Rp8.602 per USD with a daily trading range in Rp8.601-8632 per USD. While the U.S. dollar value observed depressed over other currencies.

The euro strengthened against the dollar to 1.4586 per USD, pound rose to 1.6531 per USD and the Australian dollar also strengthened to 1.0747 per U.S. dollar.

The weakening dollar is the U.S. currency because it is not considered an attractive currency for the market makers and speculators today. The strengthening of all currencies that automatically make the U.S. dollar value is low, again making the speculators looked at emerging markets in Asia which is one of them Indonesian.

Investors are interested to re-invest their capital in Indonesia so that the flow of capital inflow or foreign funds into Indonesia more and more so that any movement of the rupiah strengthened. (GoFinance)

Sunday, April 24, 2011

::Aviation industry in Asia-Pacific Clear!>>

Go Finance Reporting in PARIS - The airline industry in the Asia-Pacific region is projected to grow significantly in coming years. While the air transport industry in Europe is likely to stagnate.
"Europe is the biggest problem for this aviation sector,"explained the President of the International Air Transport Association (IATA) Giovanni Bisignani told the newspaper La Tribune as quoted by AFP.
Bisignani blamed European governments are becoming more interested in increasing taxes from this industry than in supporting the growth and provide infrastructure. In addition, he also mentioned the rising cost of fuel is a disaster for this industry.

"The center of gravity shifts to Asia air transport for economic growth. In addition, European governments step is careful to take steps to develop this sector is also the cause. When I saw the situation in Europe, I am pessimistic," he explained.
"But I am very optimistic when I look at trends in the Asia-Pacific region, and state involvement in creating favorable conditions to help the growth of air traffic," he said.
Bisignani said the air transport industry in Europe has been affected by weak economic growth in European regions. Also the fact of air transportation is not prioritized by governments of European countries. (GoFinance)

Saturday, April 23, 2011

::U.S. Treasury Surplus Put USD1, 7 M>>

Go Finance Reporting in WASHINGTON - The U.S. Treasury said the investment program established during the financial crisis is not healthy in order to buy assets from banks, shows the advantage of USD1, 7 billion.

Thus was launched from the AP on Saturday (04/23/2011). The Ministry itself has prepared a fund amounting to USD22, 1 billion from tax for public-private Investment Program, established in March 2009.

The funds are then invested in securities, mortgages and other financial assets. The goal is to take troubled assets from large banks are facing losses due to mistakes in real estate investing.

Ministry of Finance of the United States alone has received more than $ 500 million in dividends and other gains from investment, and share the Government Securities (SBN) has issued also increased by $ 1, 2 billion.

While based on U.S. Treasury report on the status of the fund each quarter, the fund is managed by private investment firms, including AllianceBernstein, Blackrock Inc. and Invesco, and investment companies are recorded at $ 7, 4 billion.

In addition, the U.S. Treasury registered granted loans worth USD 14.7 billion. The fund has used the U.S. Treasury to bail-out amounted to USD700 billion, according to fund aid programs for troubled assets

Ministry of Finance of the U.S. alone expects to make profits in their efforts to make bail-out. For example, the U.S. Treasury listing has received USD12, 3 billion from USD45 billion invested in Citigroup and may record similar gains on investments of American International Group.

However, many observers have pointed to the benefits they are too risky, the article of private investors, such as billionaire Warren Buffett, demanding higher interest rates when lending to banks and investment firms during the financial crisis.

But at the congress last month noted that the administration had little use bailout to prevent foreclosures. (GoFinance)

::GM officials Given Bonus $ 2, 5 Million>>

Go Finance Reporting in DETROIT - General Motors (GM) posted a remarkable resurgence in 2010. As a result, GM's chief executive and chairman, Dan Akerson, will get paid worth more than $ 2, 5 million.

However, it is still much smaller than the previous executive at the company, because the GM should bear the burden of the bailout money it receives return in 2009.

However, assuming Akerson, GM recorded an impressive year with a flurry. GM turned a profit in its first year in the past few years, returned as a public company and increased sales of cars and trucks in the United States.

That success proved more profitable than the officials before Akerson, Ed Whitacre, who received compensation valued at $ 5 million last year. Whitacre is the CEO who worked only eight months in 2010, and left GM on 1 September. While the new Akerson worked four months.

Quoted from the Associated Press on Saturday (04/23/2011), Akerson, 62, had joined GM as a member of the board of directors in 2009. He took over CEO duties from Whitacre and add the title of chairman earlier this year. For his ability in 2010, he received a salary of USD566, 7 thousand, stock awards valued at $ 1, 8 million, and other compensation USD194.088.

Former Vice Chairman and Chief Financial Officer Chris Liddell received the highest paid last year. GM executives with payments worth $ 6, 2 million. He left the company on 1 April, after Akerson and Whitacre replaced.

As for the full year in 2011, Akerson will get paid more. GM's own party said that he would get a salary and shares worth USD9 million per year. (GoFinance)

::Serious, Bonds Rp1, 9 M at Bank Eaten By Termites!>>

Go Finance Reporting in Lucknow - securities worth 10 million rupees or approximately Rp1, 9 billion (Rp194 per rupee) eaten by termites. This is quite surprising given the securities were kept in the safe of a bank in India.

Barabanki City police officer Navneet Rana said he got this information after the bank manager to do the damage, when he was about to take the securities.

"There are still investigated how these termites can damage the securities that are stored in steel safes," said Rana told The Associated Press on Saturday (04/23/2011).

Rana added that the termites have damaged the furniture bank, and some old documents owned bank.

Over this incident, the police officer has assessed the bank in Barabanki was negligence in maintaining the property of others. Still not clear how termites can enter the steel safes. Police are still investigating this unique event extensively. (GoFinance)

Friday, April 22, 2011

::Reconstruction, Japan Prepare Additional $ 50 Billion>>

Go Finance Reporting in TOKYO - Japan's extra budget worth more than $ 50 billion to finance reconstruction efforts after the tsunami that hit. Japanese Prime Minister Naoto Kan approved a budget of 4.1 trillion yen, equivalent to USD50 billion. Japanese Parliament is expected to pass the budget next week.

"This is the first step toward rebuilding Japan after a major disaster ,"said Finance Minister Yoshihiko Noda , as quoted by AP , on Friday ( 04/22/2011).

The government will allocate about 1.2 trillion yen to improve roads and ports damaged by the earthquake and tsunami. The disaster destroyed much of Japanese industry in the Northeast and killed more than 25,000 people. The government will spend more than 362 billion yen to build temporary houses for victims of disasters, and 352 billion yen for rubble clearing.

The government says the cost of the earthquake and tsunami could reach USD309 billion. It made ​​natural disasters were recorded as the most expensive disaster in the world. Japan must increase four-fold sales tax because it deals with high budget deficits.

Economists in Japan illustrates, the industrial countries say Japan's public debt is more than twice the gross domestic product did not make many choices. Japan also should gradually raise the sales tax. Currently as high as five percent, until a later date as high as 20 percent. (GoFinance)

::JPMorgan Chase Agree to Pay USD800 million to Lehman>>

Go Finance Reporting in NEW YORK - Banking giant United States (U.S.) JPMorgan Chase agreed to pay approximately USD800 million, to settle claims of bankrupt companies on Wall Street, Lehman Brothers in 2008.

Trustee for Lehman Brothers, James Giddens, revealed when the fund companies and securities companies will help cover some of the damages that could make a sensation and became a key point in the global financial crisis.

"This is a milestone. The agreement will increase the funds held by LBI Estate available for distribution to the general customer LBI more than USD800 million in cash and securities," said Giddens, quoted by AFP on Friday (04/22/2011).

He said, when the agreement came after the two sides work together and work together through a complex and difficult problems of this.

For your information, Lehman Brothers collapsed in September 2008 that marked the biggest bankruptcy in history. Triggering shock in the financial system and would not want to drag the global economy into recession.

The claims of the creditors believed amounted to USD875 billion, but many will be eliminated under the reorganization. Most of Lehman's assets were acquired by British bank Barclays for USD250 million. Parties JPMorgan Chase said settlement of this matter will not affect the company. (GoFinance)

::Gold Prices Back Make New Record>>

Go Finance Reporting in LONDON - Gold prices again hit record highs for the fifth session on Thursday local time. And silver prices go to the strongest level since 1980 as the impact of the decline in United States dollars (U.S.) to the lowest level.

The spot price of gold priced at USD1.502, 10 per ounce compared to the previous day of USD1.498, 15 in New York. Previously, gold prices had reached a peak at USD1.508, 75 per ounce. Meanwhile, gold prices in the U.S. for June delivery rose $ 3, 90 per ounce to USD1.502, 80.

"We have seen the U.S. dollar weakened across the board quite a lot of trading this morning, even against the yen," said Credit Suisse analyst Tom Kendall, quoted by Reuters on Friday (04/22/2011).

Gold prices have risen 5.4 percent during this month and are in a straight line after a week scored a profit. This reflects a new strength in the commodities market.

In addition, the Reuters-Jeffries CRB index, a global benchmark for commodity prices, record its biggest-ever one-day rise in two weeks on Wednesday. (GoFinance)

::Crude Oil Could Touch USD124, 81/Barel>>

Go Finance Reporting in NEW YORK - Oil prices steady after an increase in price. Pressure on energy commodities occurred because investors seem withdraw funds from commodity markets.

Earlier, oil prices rose when the United States dollar (U.S.) moves down until the fall to its lowest point since 2008 against foreign currencies. This is a positive sentiment for commodity prices.

A separate report showed factory activity rate in the U.S. Mid-Atlantic region fell in April. In addition, U.S. jobless claims above 400,000 which is doubted U.S. economic recovery speed and it could affect energy demand.

As quoted by Reuters on Friday (22/04/2011), the dollar fell on the third day and the dollar index was also approached the lowest level all the time. Brent crude for June delivery edged up 10 cents to USD123, 95 per barrel after earlier rose nearly $ 1 up to USD124, 81. This is the highest level since 11 April.

U.S. crude for June delivery rose 70 cents to USD112, 15, not far from the period of the previous day parking at USD112, 48. Premium Brent to the U.S. declined 60 cents to USD11, 80 per barrel.

"Brent has lost little momentum in the market. But oil prices could provide a big advantage, especially for U.S. crude oil and spread a little unwinding right now," said energy analyst Gene McGillian.

Riots and geopolitical threats to oil supplies in Africa and the Middle East continue to support price increases.

While the dollar has weakened this week after Standard & Poor's cut the outlook for U.S. government debt is negative, leading some analysts to promote the potential of foreign exchange reserves of the euro as an alternative currency.

Both types of oil prices that have soared on Wednesday after U.S. government reported crude oil and refined products inventories declined. (GoFinance)

::Products Competitiveness Down, the currency appreciation on Yuan Not at Risk>>

Go Finance Reporting in JAKARTA - The rupiah appreciation of the yuan rate is still at risk, even though China's currency weakness is blamed to be one cause of decline in the competitiveness of Indonesia against Chinese goods.

Head of fiscal policy (BKF) The Ministry of Finance Bambang Brodjonegoro explain the continued appreciation of the rupiah against the yuan does make the Indonesian market was flooded with goods from the Bamboo Curtain countries.

"With the rapid flow of imports into Indonesia, making Indonesia's manufacturing sector should improve its competitiveness," said Bambang via short message to the Legal, in Jakarta, this weekend.

Nevertheless, he considered the appreciation is still not reached an alarming stage. Because the other Asian currencies to appreciate against the yuan, thereby reducing the negative impact of the depreciation of Yuan.

Meanwhile, Deputy Minister for Economic Affairs Trade Industry Edy Putra Irawady admitted until this time there will be significant impact from the weakness of the Chinese currency. "There has been no change in monetary policy is usually an impact on import export new visible two months until three months later," he explained.

According to Edy, if a change in fiscal policy was one to two months in advance, and that regulatory changes quickly, such restriction or prohibition of imports and so its impact directly affected.

Earlier, Trade Minister Mari Elka Pangestu explained the issue very difficult exchange rate was taken at the G-20 forum. "In the meeting of finance ministers in Washington today, there is an imbalance that has not been completed and one of them the exchange rate issue," said Mari.

According to Mari, now, Indonesia shielded bilateral currency swap agreements (bilateral swap arrangement / BSA) with China. However, agreement has not been activated. On that basis, Mari confessed very much hope to the Ministry of Finance and Bank Indonesia (BI) to quickly complete the process of discussion of the BSA.

Let's add the government already had an exchange of the yuan and dollars. This is not the road. "It became a chore to BI and the Ministry of Finance so that later on direct trade between yuan and dollars. In the meantime, we still use the U.S. dollar, "he explained.

For your information, with a surplus on the Chinese side, should the yuan strengthened against the rupiah, but in fact in fact continues to weaken. On December 26, 2010, the yuan is still entrenched in Rp1.359, 34. As at 20 April 2011 has been weakening against the rupiah to a level of Rp1.328, 46 per yuan.
(GoFinance)

Thursday, April 21, 2011

::Oil Prices Approach Highest Level>>

Go Finance Reporting in SINGAPORE - Oil prices surged above listed USD112 per barrel on Thursday Asian time approaching its highest level since 2008 amid strong demand for oil the United States (U.S.) despite rising fuel costs.

Reporting from the Associated Press, Thursday (04/21/2011), the price of oil for June delivery rose 57 cents to USD112, 02 per barrel at midday in Singapore time in electronic trading on the New York Mercantile Exchange.

While in London, Brent crude for June delivery rose 71 cents to USD124, 56 per barrel on the ICE Futures exchange. While the benchmark oil rose $ 3, 17 and settled in the USD111, 45 on Wednesday.

The increase in oil prices is due to the fall in U.S. crude oil supplies and products in consumer spending during the two-month rally that has not been deterred.

U.S. Energy Information Administration reported that oil supplies shrank 2.3 million barrels last week. While analysts expect increased by 1.6 million barrels. Oil prices rose approximately 33 percent since mid-February and reached USD113, 46 during trading April 11, this was the highest since September 2008.

In other Nymex trading, contracts of May, the price of heating oil rose 1.4 cents to $ 3, 24 per gallon and gasoline rose by 0.9 percent at $ 3, 29 per gallon. While natural gas futures rose 2.5 percent at $ 4, 34 per 1,000 cubic feet. (GoFinance)

::British Petroleum Sues Rig Owner $ 40 Billion>>

Go Finance Reporting NEW ORLEANS - British Petroleum (BP) sue device makers who failed to stop the disastrous oil spill Gulf of Mexico and the owner of the rig that exploded. BP Party also alleges that it was negligence that caused the disaster.

This British company said in papers filed in federal court in New Orleans, demanding the rig owner, Transocean of $ 40 billion due to damage that causes the deadly explosion last year in the Gulf of Mexico, causing the worst oil spill off the coast of the United States (U.S.).

Reporting from the Associated Press on Thursday (04/21/2011), BP said that every single safety systems and procedures and the device and controls on the rig Deepwater Horizon is considered failed.

It's also a lawsuit Cameron International, which provides preventive explosion with designs that were already damaged, causing a number of unreasonable risk of harm.

The lawsuit was filed in the first year after the explosion that caused the spill, seeking damages to help BP to pay tens of billions of dollars in liabilities that had caused the disaster.

Although BP has estimated losses of $ 40, 9 billion, still could face tens of billions of dollars more in civil and criminal fines and penalties from the U.S. government.

For your information, eleven people were killed when the rig Deepwater Horizon exploded on April 20, 2010, causing more than 200 million gallons of oil spewing from the bottom of the well.

A testing company hired by the government to investigate the explosion prevention equipment has the wrong design. But it also cites other problems related to the act of the rig crew.

BP said in a statement that he wanted to Transocean to pay a "proportionate" share of all damages and liabilities of the disaster. (GoFinance)

::Dropped 78.9%, Japanese Loss exports hit by Earthquake & Tsunami>>

Go Finance Reporting in TOKYO - Japan's exports has weakened for the first time in the last 16 months due to the earthquake and tsunami that struck countries of Japan

As reported by AFP, Japan's trade deficit amid rising raw material prices and world oil prices. This makes Japanese imports continued to increase during March.

Today, the Japanese economy is really slipping into recession amid the destruction of infrastructure and manufacturing facilities in the northeast. This condition can be said that the worst since World War II.

"If the Japanese balance deficit in April-May, the GDP will also decline in April-June," said economist at Sumitomo Mitsui Asset Management Akiyoshi Takumori.

Figures for Japan's trade exports in March amounted to 196.5 million yen equivalent of $ 2, 3 billion, down 78.9 percent and trying to be controlled so as not to happen again next month. Value of exports down 2.2 percent to 5.87 trillion yen, the worst figure since 16 months because of a stalled car export.

In a poll on the Dow Jones, Nikkei index fell two percent due to export vehicles blow. Fall is due to the fall of the automotive-based issuers to cancel 27.8 percent of exports. Where the manufacturer in Japan were forced to stop production amid poor supply chain.

Meanwhile, the yen came under pressure in Asia on Wednesday after weakening 82.90 points. Value of the yen against the dollar in New York recorded 82.57 per USD. (GoFinance)

::Wow, the Dow Jones Parking at Highest Level in 3 Years>>

Go Finance Reporting in NEW YORK - The positive earnings from a number of issuers to be positive sentiment that the stock market hit the United States (U.S.). In fact, the Dow Jones scoring record highs over the last three years.

Initially, investors have been blanketed by the negative sentiment. But, the financial statements of the shares of blue chip Intel Corp. and United Technologies Corp. trigger stock indexes reversed so that the stock market seemed excited.

S & P 500 finally came out of the flat movement for 20 days, and set near-term target in 1340. "Until yesterday, weak earnings is not too interesting, even disappointing," said a senior equity index analyst at MF Global Nick Kalivas, as quoted by Reuters in Chicago.

He said the latest round of financial reports to make psychology shifts significant market players. Intel shares rose 7.8 percent to USD21, 41 while United Tech climbed 4.3 percent to USD85, 90.

This report remains a positive sentiment to the market close. Apple Inc. rose 2.7 percent to USD351, 80. Revenue from Apple is up 83 percent. Then F5 Networks Inc. stock price also rose 11 percent to USD110, 39 after its first-quarter earnings above expectations and the company predicts earnings will grow again next quarter.

At the close of trading on Wednesday (04/20/2011) local time, the Dow Jones industrial rose 186.79 points, or 1.52 percent, to 12453.54. Standard & Poor's 500 index rose 17.74 points, or 1.35 percent to 1330.36. The Nasdaq Composite grew 57.54 points, or 2.10 percent to 2802.51.

The Nasdaq posted the biggest daily percentage gain since October while the Dow scored the highest since early June 2008. And the broad S & P 500 has the best performance in a month. (GoFinance)

::Up 6 points, IHSG desist Successfully Profit Taking>>

Go Finance Reporting in JAKARTA - Despite got hit by profit taking to weaken, but the entry of capital inflows seem to make Composite Stock Price Index (IHSG) rose ahead of a long weekend this time.

IHSG, in late trading Thursday (04/21/2011) rose 6.32 points, or 0.2 percent, to 3801.08. LQ45 rose 0.17 points, or 0.01 percent, to 682.37 and the Jakarta Islamic Index (JII) rose 1.66 points, or 0.3 percent, to 529.19.

Asian Stocks looks verdant. The Hang Seng rose 242 points, or 1.01 percent to 24,138, the Nikkei rose 78.95 points, or 0.82 percent to 9685 and the Straits Times rose 26.77 points, or 0.85 percent to 3192.

Meanwhile, European stock indices also seem to be rallying. CAC rose 16 points or 0.4 percent, to 4020, DAX rose 42.86 points, or 0.59 percent to 7292 and the FTSE rose 3.92 points, or 0.07 percent to 6,026.

Supporting sector stock index moves in both directions. Estate sector down 2.2 points or 0.1 percent, mining sector rose 17.01 points, AAU 0.5 percent and the property sector rose 1.99 points, or 1.0 percent.

The volume of transactions recorded 3.3 billion shares valued at Rp 4 trillion. As many as 118 stocks advanced, 87 stocks fell and 121 shares stagnated. Foreigners were net buy booked Rp407 billion.

Stocks that move strengthened (Top gainers), among others, PT Multi Bintang Indonesia Tbk (MLBI) rose Rp5.000 to Rp290.000, PT Dian Swastatika Sentosa Tbk (DSSA) rose Rp1.100 to Rp26.000 and PT Goodyear Indonesia Tbk (GDYR ) rose Rp950 to Rp11.450.

Stocks that move down (top lossers) is PT Mulia Semanan Copper Page (TBMS) down Rp1.800 to Rp7.200, PT Mayora Indah Tbk (MYOR) down Rp250 to Rp11.500, and PT Bayan Resources Tbk (ITMG) down 200 to Rp47.800. (GoFinance)

::Translucent Psychological Level, Rupiah Parking at Rp8.692/USD>>

Go Finance Reporting in JAKARTA - The rupiah strengthened and were observed moving on the level of Rp8.692 per USD. That is because the improved sentiment in global markets will become a positive factor Asian markets today.

Amount, according to the exchange rate of Bank Indonesia (BI) on Thursday (04/21/2011) rose to the level Rp8.692 per USD, compared with the previous period which is at the level of Rp8.657 per USD.

Based on data yahoofinance, Thursday (04/21/2011), the rupiah had strengthened the position Rp8.624 per USD, or 30.5 points weaker. The movement of dollars today to move between 0.5-Rp8 Rp8.624 .637,5. Meanwhile, for the euro currency strengthened at the level of 1.4625 per USD, and the yen strengthened 82.0550 per USD.

The improvement in global sentiment seems to be reason for the strengthening of the rupiah. Where is the dollar itself is now the middle of the trend of weakening of other currencies.

The existence of step-rating agencies S & P rating outlook lowered the debt the United States (U.S.) from stable to negative and the trend of the weakening United States dollar movement itself against the global currency market participants are likely to cause run on emerging markets in Asia, one of which is Indonesian.

In addition, the expectations of market participants that there is a high yield from Indonesia due to be supported by measures by Bank Indonesia to hold its benchmark interest rate Bank Indonesia (BI rate) at the level of 6.75 percent and supported by the state of economic fundamentals are good and stable.
(GoFinance)

Wednesday, April 20, 2011

::Petronas Remove the 15% stake in Cairn India>>

Go Finance Reporting in KUALA LUMPUR - Malaysia's state oil company, Petronas sold its 15 percent stake in Cairn India worth $ 2, 1 billion. Ingrris miner, Vedanta also has declared a purchaser.

As quoted by AFP, Vedanta will take over these shares through his company Sesa Goa. The company has acquired 200 million shares amounting to 10.4 percent shares of Cairn India from Petronas. While the remaining 3.9 percent were taken by other institutions whose names are not mentioned.

Vedanta, controlled by Indian-born billionaire Anil Agarwal. Last August he said he wanted to buy up to 60 percent of Cairn India to increase its assets in India.

But the transaction is delayed because of conflicts between Cairn and its partner state-owned Oil and Natural Gas Corp (ONGC) royalty payments relating to the production at India's largest oil field. (GoFinance)

::Yuan can be traded in Singapore>>

Go Finance Reporting in SINGAPORE - Singapore, Hong Kong will follow the steps to become clearinghouses for the yuan, China's currency.

"Singapore does not intend to rival Hong Kong on the yuan trade in this. But it intends to facilitate transactions in this currency for business interests in Asia,"said Singapore's Senior Minister Goh Chok Tong, who is also chairman of Singapore's central bank and former prime minister as reported by the AP.

Bank of China will adjust the yuan trade in Singapore. Unfortunately, not specifically mentioned in which the yuan trades will begin.

China now is being made ​​to make its currency more widely and easily available. Earlier this week, China and New Zealand withdraw currency swap valued at 25 billion yuan, equivalent to $ 4, 9 billion) to complete the business transaction between the two countries.

China has opened itself for the yuan to be used for settlement of international transactions since 2009. And Hong Kong is the only city outside of China that can transact through banks of Chinese yuan. (GoFinance)

::Positive Regional, IHSG shot 62 pts>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) looked brilliant at the end of trading this time. This strengthening in line with Asian and European indexes also gained.

IHSG, in late trading Wednesday (04/20/2011) moves gained 62.1 points or 1.66 percent to 3794.76. LQ45 rose 13.57 points, or 2.0 percent to 682.2 and the Jakarta Islamic Index (JII) rose 9.00 points, or 1.7 percent, to 527.53.

Asian indexes also rose compact. The Nikkei rose 165 points, or 1.76 percent, to 9606, Hang Seng rose 375 points, or 1.6 percent to 23,896 and the Straits Times rose 38.47 points, or 1.23 points to 3163.

So also with the European index. CAC rose 66.59 points, or 1.7 percent, to 3975, DAX rose 141 points, or 2.01 percent to 7180 and the FTSE rose 109.8 points, or 1.86 percent to 6006.

Supporting sector stock index rose compact. Plantation sector rose 16.78 points, or 0.8 percent, mining sector rose 15.57 points, or 0.5 percent and manufacturing sektyor rose 12.68 points, or 1.5 percent.

The volume of transactions recorded 5.2 billion shares worth Rp 5, 33 trillion. As many as 157 stocks advanced, 73 stocks fell and 96 shares remain stagnant.

Stocks that move strengthened (Top gainers), among others, PT Astra International Tbk (ASII) rose Rp1.450 to Rp55.100, PT Gudang Garam Tbk (GGRM) rose Rp950 to Rp41.150, and PT Indosprings Tbk (inds) rose Rp800 to Rp8.000.

While the stock is moving down (top lossers) is PT Dian Swastatika Sentosa Tbk (DSSA) down Rp350 to Rp24.900, PT Goodyear Indonesia Tbk (GDYR) down 100 to Rp10.500, PT Bumi Resources Tbk (Bumi) Down 50 to Rp3 .300. (GoFinance)

Tuesday, April 19, 2011

::Gold Prices Back Stronger>>

Go Finance Reporting in SINGAPORE - Gold prices rose due to move as concerns over the threat of debt ratings being downgraded United States (U.S.) and fears of debt in Europe.

As quoted by Reuters on Tuesday (04/19/2011), price of gold in the spot market rose 0.8 percent to USD1.493, 29 per ounce, still below the record high that is achieved in the previous session, USD1.497, 20 . While the gold in the futures market price is little changed to USD1.494, 10.

Earlier, gold prices in the spot market to record highs in a row
because Standard & Poor's threatened to downgrade U.S. credit ratings, in the middle
Europe's concerns about the debt crisis.

The price of silver in the spot market fell 0.4 percent to USD43, 16 per ounce, after reaching its highest level in 31 years for three consecutive sessions, the weakening of these commodities due to the weakening sentiment in the stock market hit the precious metal has industrial applications, such as silver and palladium. Palladium price alone fell 0.7 percent to USD734, 47.
(GoFinance)

::S & P Threatens Cut Rating U.S., 3 U.S. Stock Indexes Compact Down>>

Go Finance Reporting in NEW YORK - Three U.S. stock indices (U.S.) tumbled more compact than one percent due to the threat of cuts in U.S. debt ratings, debt concerns Europe as well as China's monetary tightening could disrupt global economic growth.

Nevertheless, some analysts said the sell happens is excessive. However, this slowdown is weakening the deepest in this month.

In addition, the rating agency Standard & Poor's also planning to revise its outlook on the rating of U.S. debt down to negative due to tightening budgets did.

While China instead take further action to curb liquidity. Market participants are also increasingly convinced that Greece had to renegotiate the terms of public debt, even though Greek officials denied that the funding soon.

Four stocks fell for every four monitored stocks rose on the New York Stock Exchange and Nasdaq. For comparison, the market reaction of U.S. Treasury bonds and the dollar is more calm.

"Conduct the bond market indicate that we can get a rebound in stocks, at least it is concerned with the news that S & P will lower the U.S. outlook," said principal analyst at Columbia Management David Joy, as quoted by Reuters in Boston.

The CBOE Volatility Index (VIX.) rose 10.7 percent after earlier rising as much as 24.5 percent, which is the biggest percentage jumps every day since February 22.

In late trading on Monday (04/18/2011) local time, the Dow Jones industrial plummeted 140.24 points, or 1.14 percent, to 12201.59. The broader Standard & Poor's 500 index dropped 14.54 points, or 1.10 percent, to 1305.14 and the Nasdaq Composite Index fell 29.27 points, or 1.06 percent, to 2735.38.  (GoFinance)

::IHSG broke in the Central Asian stocks fall>>

Go Finance Reporting in JAKARTA - When this day's Composite Stock Price Index (IHSG), the closure this afternoon in the green belt in the middle of her red compact Asia Pacific market slump.

IHSG Tuesday (04/19/2011) afternoon thin rose 5.58 points, or 0.15 percent to as low as 3732.63. While the LQ45 index rebounded 0.76 points to 668.63, and the Jakarta Islamic Index (JII) rose 1.79 points to 518.53.

IHSG strengthening this time seconded from the sector in the country who have good fundamentals in this afternoon. Where the infrastructure sector at this time what became the holder with the highest strength of 12.41 points.

Asia Pacific Exchange this afternoon observed in the compact red lines, such as Hang Seng Index fell 309.69 points, the Shanghai Composite fell 57.25 points, Nikkei 225 sinkhole 115.62 points, the Straits Times declined 20.89 points, and the index Australia All Ordinaries fell 71.10 points.

The value of this transaction late in the afternoon was recorded at Rp3, 07 trillion by volume amounted to 2.787 billion shares. In which 99 stocks advanced, 101 stocks fell, and 114 shares stagnated.

Stocks that rose among PT Multi Bintang Indonesia Tbk (MLBI) rose Rp16.000 to Rp285.000, PT Merck Tbk (MERK) rose Rp2.500 to Rp98.000, PT Telekomunikasi Indonesia Tbk (TLKM) rose 300 to Rp7 .650, and PT Adira Dinamika Multi Finance Tbk (ADMF) rose 200 to Rp11.800.

Meanwhile, a weakened stock including PT Astra International Tbk (ASII) down Rp750 to Rp53.650, PT Indosprings Tbk (inds) down Rp600 to Rp7.200, PT Dian Swastatika Sentosa Tbk (DSSA) down 500 to Rp25.250, and PT Gudang Garam Tbk (GGRM) down 500 to Rp40.200.
(GoFinance)

::Stronger Dollar, Rupiah fact weakened>>

Go Finance Reporting in JAKARTA - The rupiah, at this time trading amid moves to weaken the dollar began strengthening of the United States (U.S.).

Amount, according to the exchange rate of Bank Indonesia (BI) on Tuesday (04/19/2011) weakened to Rp8.686 per USD, compared to previous trading periods in Rp8.670 per USD.

Meanwhile, according yahoofinance, the rupiah strengthened and even moving parking to Rp8.687, 5 per USD with a daily trading range in Rp8.675-8702 per USD. While this time the dollar weakened against the euro, the euro was parked on the level of 1.4256 per U.S. dollar. While the pound weakened against the dollar 1.6258 per USD.

Previously, Indonesian Securities analyst Samuel Lana Soelistianingsih said S & P lowered outlook for U.S. bonds from stable to negative but remained AAA-rated.

The decline due to deteriorating fiscal condition of the U.S. with a deficit of three percent of GDP and the debt ratio at 98 per cent of GDP. S & P saw a significant risk to the budget impasse of 2013 and the possibility to reach agreement on the budget of the medium and long term.

In the 2012 budget the government sets the upper limit of the amount of government debt amounted to USD20, 8 trillion in 2016 is higher than that set by the Republican party in the House (legislative) on April 15, then that is only going to give the upper limit of up to USD19, 5 trillion.

Yet last week, Moody's would rate President Obama's positive plans to reduce the deficit by $ 4 trillion in 12 years. U.S. markets respond negatively to such reduction, which is estimated to be impacting on the Asian market today.
(GoFinance)

Monday, April 18, 2011

::Oil Production Down, Saudi Arabia Oil Supply Commits Match Requirement>>

Go Finance Reporting in KUWAIT CITY - The state's largest oil exporter Saudi Arabia expressed readiness to supply the oil according to customers request. But, who would have thought if this country's oil production actually fell last month.

"Saudi Arabia will supply whatever the customer asked for," said Saudi Arabian Oil Minister Ali al-Naimi interrupted Asian energy ministers meeting as reported by AFP.

"The market is over-supply now. While the demand in Asia is very strong," he said.

But, other than that he admits that these royal oil production fell to 8.29 million barrels per day (bpd) in March from the previous 9.1 million bpd the previous month.

On different occasions, the Head of the International Energy Agency (IEA), Nobua Tanaka, said the current oil price is very high. And he said that if consumers are worried that this could damage economic growth and demand for crude oil.

"Of course the oil price is currently very high. We're worried it could have a negative impact on economic growth," said Tanaka.

"High oil prices could trigger pressure to reduce the rate of growth in demand for oil production," said Tanaka. (GoFinance)

::Gold Make New Records Again>>

Go Finance Reporting in SINGAPORE - The price of gold back to its highest price on record earlier this week. Strengthening the gold price was seconded by worries of global crisis, and the debt crisis of Europe.

As quoted by Reuters on Monday (04/18/2011), gold prices soared to a position of USD1.488, 5 per ounce, but then commodity prices are slowly relaxes to USD1.485, 4 per ounce. Meanwhile, gold prices in the futures market is stagnant at USD1.486, 7 per USD.

"It is not surprising if the gold price soared to its price in the middle of the present situation," said a trader at Investors Australia Darren Heathcote.

On the other hand, oil prices seem to be moving down to USD109 per barrel price increase after scoring for three consecutive days. But the gold price has experienced price increases of up to 20 percent (year to date).

Meanwhile, gold prices also scored its highest price during the last 31 years with parking at the level of USD43, 26 per ounce. (GoFinance)

::Regional Down, IHSG Down 3.44 Points>>

Go Finance Reporting in JAKARTA - negative sentiment seemed to be blanketing the regional index. As a result, Composite Stock Price Index (IHSG) also became depressed and closed red this time.

IHSG, in late trading on Monday (04/18/2011) fell 3.44 points, or 0.1 percent, to 3727.07. LQ45 down 0.86 points, or 0.1 percent, to 667.87 and the Jakarta Islamic Index (JII) fell 1.03 points, or 0.2 percent, to 516.74.

While the Asian index is still down thin. Nikkei down 177 points, or 0.74 percent to 23,830, the Nikkei fell 34.87 points, or 0.36 percent to 9556 and Straits Times fell 9.23 points, or 0.29 percent to 3144.

While Europe looks compact index weakened. DAX dropped 63 points or 0.89 percent, to 7114, CAC fell 44.15 points, or 1.11 percent to 3930 and the FTSE down 36.85 points, or 0.61 percent to 5959.

Supporting sector stock indices seem to be moving in both directions. Estate sector down 5.78 points, or 0.3 percent, mining sector, down 22.47 points, or 0.7 percent, but the property sector rose 1.17 points, or 0.6 percent.

The volume of transactions recorded 2.4 billion shares worth Rp 3 trillion. A total of 125 shares fell, 94 shares and 97 shares stagnant flats.

Moving sector rose (Top gainers) is XL Axiata PT Tbk (EXCL) rose Rp200 to Rp5.850, PT Gudang Garam Tbk (GGRM) rose Rp200 to Rp40.700 and Indomobil Sukses Internasional Tbk (Imas) rose Rp150 to Rp8.200 .

Meanwhile, a weakened stock (top lossers) include Sentosa Tbk PT Dian Swastatika (DSSA) down Rp750 to Rp25.750, PT Astra International Tbk (ASII) down Rp700 to Rpp54.400 and PT Bayan Resources Tbk (ITMG) down Rp550 to Rp48.200. (GoFinance)

::Rupiah weakened Because Stronger Dollar>>

Go Finance Reporting in JAKARTA - The United States dollar (U.S.) turned towards strengthening of other currencies. As a result, the rupiah slumped this afternoon.

Amount, according to Bank Indonesia (BI) on Monday (04/18/2011) weakened to Rp8.870 per USD compared with the previous period in Rp8.661 per USD.

Meanwhile, according yahoofinance, parking at the level Rp8.672 rupiah per USD with a daily trading range in Rp8.665-8682 per USD. U.S. dollar exchange rate seem to be rallying on other currencies. Euro on the dollar weakened to 1.4353 per USD, pound weakened to 1.6278 per USD, and the Australian dollar weakened to 1.0554 per U.S. dollar.

Previously, China's central bank raised its minimum reserve requirements (WGM) the bank by 20 bps to 20.5 percent effective as of 21 April. Indonesian Securities analyst Samuel Lana Soelistianingsih explain if this policy is estimated to be approximately USD54 billion suck liquidity from the financial system. Throughout 2009 and 2010, banks have disbursed loans amounting to China 17.5 trillion yuan, making China's property prices shot and risk concerns bubble.

Previously, China's central bank also raised interest rates. Both the contraction of monetary policy is intended to reduce inflationary pressures continue to increase reaching 5.4 per cent yoy in March last year due to rising food prices, higher than the target of four percent for this year. The possibility of China will also strengthen the yuan to control imported inflation.
(GoFinance)

Sunday, April 17, 2011

::Gasoline prices soar in America>>

Go Finance Reporting in NEW YORK - The average price of gasoline in New York has reached $ 4 per gallon. While Hawaii, Alaska, California, Illinois and Connecticut, fuel prices already exceed that price.

According to AAA's Daily Fuel Gauge, Hawaii has the highest price reached $ 4, 47 per gallon.

National average for gas has risen for 25 consecutive days, and now $ 3, 82 per gallon. Survey shows riders react with higher prices now by buying less fuel.

"However, the government predicts the purchase of fuel will continue to rise this summer," AP quoted from Saturday (04/16/2011)

The average price of gasoline rose to $ 4, 003 per gallon in the state of the center. On average, states, New York is $ 3, 996.

Rising gasoline prices above $ 4 like back to the summer of 2008, when oil rose to USD147 per barrel and gas prices reach $ 4, 11 per gallon.

Since Labor Day, oil has risen 48 percent and the United States gasoline prices have gone up 42 percent. The increase is gaining momentum in early February when a rebellion in Libya, which caused violent and deadly exports. Crude oil has surged 30 percent since then, with gas prices get 22 percent. (GoFinance)

::China's inflation is believed Parking at Level 4%>>

Go Finance Reporting in WASHINGTON - Donors, International Monetary Fund (IMF) believes inflation in China will show a figure of four percent at the end of this year.

IMF Mission Chief for China Nigel Chalk, in a press conference in Washington, said credit growth in China declined in the first quarter of this year. "Inflation is expected to decline this year, approximately four percent," he said, as quoted by AFP on Sunday (04/17/2011).

On Friday, the Chinese government reported consumer price index rose 5.4 percent compared to March last year. The biggest fear China as a country with the second largest economy after America is inflation in the sectors of food, fuel and commodity prices continue to soar around the world.

However, the IMF said that the Chinese government has made ​​it a priority to fight inflation and make policy for the prices to move slow.

IMF director for Asia and the Pacific Anoop Singh predict, inflation in China will soon reach the top but will soon drop at the end of the year. "We can ensure that steps taken by China so far will increase until they are convinced that inflation is down at the end of the year," he concluded. (GoFinance)

::Electricity Become Determinants of Japan's Economic Revival>>

Go Finance Reporting in WASHINGTON - OPEC assessing Japan's economic growth will suffer a setback after the earthquake and tsunami last March. However, IMF economists still feel optimistic about the condition of Japan provided the power supply back to normal.

As quoted by AFP on Sunday (04/17/2011), Hasan Qabazard OPEC economists said the economic growth in Japan is really shaken up after a major earthquake. "Projected growth in Japan was reduced to -0.1 percent from 1.5 percent previously," he said in an IMF program.

However, IMF economists are still optimistic that Japan will be able to grow at 1.4 percent as predicted earlier this week. This optimism is still going to grow if Japan is able to handle situations of uncertainty due to power outages and reconstruction.

"Divination is predicted because of the uncertainty due to electrical interference," said the IMF Mission Chief, Mahmood Pradhan, last Saturday. Power cuts have forced many factories to stop production, disrupt the supply of raw materials for industries in the country.

Anoop Singh, IMF Director of the Asia Pacific region also revealed the same thing. Resurrection Tokyo would happen if the budget is channeled fast reconstruction. "The uncertainty is so large over this situation makes us no one can guess when this situation will end,"he concluded. (GoFinance)

::Anticipation IMF swift Hot Money>>

Go Finance Reporting in WASHINGTON - Member countries of the International Monetary Fund (IMF) seeks to bridge differences over the global economy. This step was taken in order to anticipate the risk of rising inflation in developing countries for developed countries.

One of the challenges members of the IMF's recognition is about the swift flow of funds and speculation that fueled the growth, and an inflation rate of developing countries.

"When inflation rises in emerging markets, not just a matter of developing markets, this is a global inflation and interest rates may be a problem," said Finance Minister Tharman Shanmugaratnam of Singapore, who headed the IMF's steering committee, told Reuters on Saturday (04/16/2011)

Financial observers in Washington believe, the danger posed by high government debt and low interest rates. As a result, developed countries would be at risk of overheating from developing countries.

"It's one of the most difficult moments of the policy, one of the most complex challenges I have ever seen, certainly in my life," said the head of Organization for Economic Cooperation and Development (OEDC), Angel Gurria.

The increased focus on policies of developed countries is part of a shift in the IMF to pay more attention to the strength that comes increasingly to have influence.

Countries like Brazil have struggled to cope with a wave of "hot money" that drives inflation.

World Bank President Robert Zoellick projecting, rising food prices will be the biggest threat to poor countries in the world.

The World Bank estimates 10 percent increase in food price index could push 10 million more, to 44 million, enter into poverty during this year. "We have a risk of loss of generation," said Zoellick.

Tharman said inflation in developing countries could spread to developed countries and to bear a large deficit. That would push borrowing costs and threaten the recovery from the worst global recession in decades.

"We have learned from painful experience of recent years, that nothing is isolated and that the risk in one area. Quickly get transmitted to the whole world," he said.

Committee of the IMF said the global economy is experiencing reinforcement, but also need to be accompanied by policies to anticipate a significant risk. (GoFinance)

Saturday, April 16, 2011

::Credit Card Pay On Time, U.S. Banking Stable>>

Go Finance Reporting in NEW YORK - The rise of credit card cases in Indonesia is not the same situation in America. In the land of Uncle Sam, the person paying credit card bills on time in March.

This has become one of the positive signs of the banking sector in a month that has proven stable in recent years for the country's economy.

Quoted from the Associated Press on Saturday (04/16/2011) six major companies in the U.S. credit card they are Chase, Bank of America, Citibank, Capital One, Discover, and American Express said the juvenile industry is at its lowest point since 2008.

Overall, the rate of charge-offs of this industry reached its peak in the second quarter of 2010 are approximately 10.9 percent of sales. Then in the fourth quarter of 2010, fell to 7.7 percent.

Moody's credit analyst Jeff Hibss rate reduction this crime as one good sign. "We see this year," he said.

While Bank of America Corp. and Discover recorded the largest increases in rates they charge. Where cost is still the highest among the card issuer that is equal to 8.18 percent. American Express has the lowest rate at 3.7 percent.

In February, revolving debt held by U.S. consumers, mostly from credit cards, amounting to approximately USD794, 03 billion and become the lowest point since September 2004. In August 2008, total credit card debt stand at USD97, 364 billion.
(GoFinance)

::Reconstruction, Japan Will Issue Bonds>>

Go Finance Reporting in TOKYO - Japan is currently considering issuing special bonds to fund reconstruction after last month's massive earthquake and tsunami, and impose new taxes to pay debt.

Quoted from AFP on Saturday (04/16/2011), daily in Japan, the Nikkei said the new bonds will be used to finance the reconstruction of infrastructure, create jobs, and support local business.

Prime Minister of Japan, Naoto Kan said he was glancing at the initial budget of more than four trillion yen ($ 48 billion) to finance the reconstruction of the first wave in northeastern Japan.

According to Japan's cabinet office, the total cost of collapsed or damaged houses, factories and infrastructure such as roads and bridges is estimated at 16-25 trillion yen.

However, the borrowing of funds has become a controversial thing in Japan. Where Sakura country has reached its highest debt levels in the industrialized world, which is approximately 200 percent of gross domestic product (GDP).
(GoFinance)

::Gold Up in Central downturn Dollars>>

Go Finance Reporting in SINGAPORE - Gold prices rose to record highs on Friday after the dollar fell to its lowest point since late 2009.

Thus making the price of silver touched its highest level over a period of 31 years. Inflationary pressure in China also helped lift the gold price attractiveness.

Quoted by Reuters on Saturday (04/16/2011), price of gold in the spot market was steady at USD1.472, 50 per ounce, after hitting a record high of USD1.479, 01 per ounce.

As for the silver in the spot market price rose as high as USD42, 41 per ounce, the strongest since 1980. This is seconded from a dealer in Singapore who reported buying from speculators.

In addition, the price of gold futures in the United States (U.S.) for June rose as high as USD1.480, 5 per ounce, and it became the highest price.

Known, the growth in China that had burdened only to subside in the first quarter. Meanwhile, inflation soared to a high pressure for 32 months so that the government should do more to rein in prices and keep the economy stable.
(Gofinance)

Friday, April 15, 2011

::Moody's Lower Credit Rating Ireland to Baa3>>

Go Finance Reporting in DUBLIN - Moody's Investors Service lowered the credit rating two levels to Baa3 Ireland than previously Baa1. This is because the outlook for Irish economic growth is weak and government finances are expected to decline.

"Moody's today downgraded the bonds of foreign governments and the local currency of Ireland are two levels to Baa3 from Baa1,"according to the Moody's statement, quoted by AFP on Friday (04/15/2011).

Added party Moody's, the credit rating outlook remains negative Ireland, so there is a possible reduction in credit rating again in the future.

Downgraded by rating agencies like Moody's, can raise the cost of borrowing in financial markets that hit them. Thus making them more difficult funding issues to be managed, while the Irish are already struggling to pay the huge debt. (GoFinance)

::Suddenly IHSG Reverse Directions>>

Go Finance Reporting in JAKARTA - The movement of the Composite Index (IHSG) this afternoon suddenly immediately jumped 22 points when compared with the opening and closing the first session.

IHSG Friday (04/15/2011) was observed to rise 22.53 points, or 0.61 percent, to a position equivalent to 3730.51. While the LQ45 index rose 5.08 points to 668.73 level, and the Jakarta Islamic Index (JII) rose 2.70 to 517.77.

IHSG strengthening this time seconded from the mining sector which soared 27.13 points, 11.85 points sped plantation sector, and only the trade sector are tracked down 0.33 points to 480.92. Whereas the movement of Asian stock moves in a compact carrying red line.

The value of the transaction until this afternoon was recorded at Rp3, 45 trillion by volume amounted to 2.86 billion shares. In which 126 stocks advanced, 76 stocks fell, and 113 shares stagnated.

Therefore, stocks that gained include PT Bayan Resources Tbk (ITMG) rose Rp1.150 to Rp48.750, PT Dian Swastatika Sentosa Tbk (DSSA) rose 1,000 to Rp26.500, PT Multi Breeder MULTIBREEDER Indonesia Page (MBAI) rose Rp450 to Rp17.000, and PT Indocement Tbk (INTP) rose Rp400 to Rp17.000.

While the stocks that fell among PT Indosprings Tbk (inds) down Rp350 to Rp7.800, PT Federal (AUTO) down Rp250 to Rp16.100, PT United Tractors tbk (UNTR) down Rp150 to Rp22.200, and PT Bank Danamon Tbk (BDMN) down Rp100 to Rp6.450. (GoFinance)

::Rupiah Stagnant Amidst Strengthening Dollar U.S.>>

Go Finance Reporting in JAKARTA - The rupiah seemed stagnant in this weekend. Where United States dollars (U.S.) now looks turned towards strengthened.

Amount, according to the exchange rate of Bank Indonesia (BI) on Friday (04/15/2011) stagnated at the level of Rp8.661 per USD, same as last trading day.

Meanwhile, according to park in a position yahoofinance rupiah Rp8.667, 5 per USD with a daily trading range in the 0.5-Rp8 Rp8.657 .667,5 per USD. While the dollar began to strengthen over other currencies. Euro on the dollar weakened to 1.4445 per USD, pound weakened to 1.6344 per USD and the Australian dollar fell to 1.0516 per U.S. dollar.

Where the G20 meeting today in Washington DC will be the discussion of early warning system to prevent trade and financial imbalances in order to avoid similar crises in the long term 2007-2009.

However, Chinese President Wen Jiabao refused all related pressure on its currency policy. (GoFinance)

::Weekends, Gold firmer to USD1.478/ounce>>

Go Finance Reporting in SINGAPORE - Projected price of gold will penetrate level of USD1.600 per ounce seem to be realized. Because, at this time only trade in commodity prices soared back up this pledge.

Gold rose on this weekend because of the dollar over other currencies fell to its lowest position since 2009. While the silver re-print the highest level since 1980.

As quoted by Reuters on Friday (04/15/2011), price of gold rose $ 5, 76 per ounce to USD1.478, 66 per ounce, and had touched the level of USD1.479, 01. Meanwhile, gold prices in the futures market soared to its highest level in USD1.480, 5 per ounce.

On the other hand, silver prices rose to a position move USD42, 41 per ounce. This is the highest level for silver since 31 years ago.

Where the exchange rate of U.S. dollar tumbled on other currencies. And on this day, the dollar is projected to still be continued weakening in the presence of economic data from China.

China will announce its economic data, including retail sales data, industrial output data and consumer-inflation data. Economic data are projected market participants will be above expectations. (GoFinance)

::Financial Reports Push Dow Jones Stronger>>

Go Finance Reporting in NEW YORK - The Dow Jones had gained with the positive end of the quarter issuer's financial statements I. Where in fact investors are still worried about the weakening global economic growth and inflation is still threatening.

Top gainers of the Dow component is Coca-Cola Co. which rose 1.5 percent, Kraft Foods Inc. rose 1.7 percent and Merck & Co. rose 1.2 percent. Energy sector shares also moved higher after crude oil prices strengthened previously undergone more than one percent, so the price is above USD108 per barrel.

Indonesia's stock market has slumped lately because economists have lowered estimates of U.S. economic growth. A Reuters poll of a number of economists showed gross domestic product (GDP) in 2011 are expected to fall to 2.9 percent from 3.1 percent.

"With an estimated GDP continued to fall, investors seem to endure all. This is the best step," said Miller Tabak & Co. analyst Peter Boockvar, as quoted by Reuters in New York.

Meanwhile, Google Inc. has decreased the price to five percent to below USD550 after announcing its profit earnings plummeted.

In late trading Thursday (04/14/2011) local time, the Dow Jones industrial rose 14.16 points, or 0.12 percent to 12285.15. Standard & Poor's 500 index rose 0.11 points, or 0.01 percent, to 1314.52. And the Nasdaq fell 1.30 points, or 0.05 percent to 2760.22. (GoFinance)

::Weekends, IHSG Projected weakened Again!>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) is predicted to be dragged by the external negative sentiment from Indonesia, namely the high price of crude oil so that the world stock index was predicted to have weaker though still in a limited range.

"The movement of IHSG at this time will be in the range of support 3686 and resistance at 3730," said Chief Edwin Sebayang Securities Research MNC when contacted Legal, Jakarta, Friday (04/15/2011).

Further, although internal factors explain Edwin Indonesia overwhelmed by the positive sentiment as hectic with the distribution of dividends by the issuers and the trend factor strengthening the rupiah, but the index is more affected by external factors from Indonesia.

Other external factors that make IHSG will continue the trend of weakening of the weakening of global and regional markets is also a negative catalyst for the movement of stock index this time.

As for stocks that are expected to strengthen in trading time is PT Bank Jabar Banten Tbk (BJBR), Tbk PT International Nickel (INCO), PT Bayan Resources Tbk (ITMG), PT Bank Rakyat Indonesia Tbk (BBRI), PT Semen Gresik Tbk (SMGR), PT Indofood Sukses Makmur Tbk (INDF) and As stated (AKRA).

As information, in trading Thursday (04/14),IHSG closed lower due to ending up by the weakening of some commodity stocks such as mining stocks.

IHSG Thursday (04/14/2011) afternoon carrying weakened 26.43 points, or 0.71 percent, to 3707.98 position. While the LQ45 index also declined 4.95 points to 663.65, and the Jakarta Islamic Index (JII) dropped 3.9 points to 515.07. (GoFinance)

::Ready For Weakened Rupiah!>>

Go Finance Reporting in JAKARTA - The weakening trend in the U.S. and European capital markets seem to be pressing Asia. Rupiah was expected to contribute to weaken this weekend.

"amount of time this movement will be in between Rp8.675-Rp8.725," said economist Fauzi Ichsan when contacted Legal, Jakarta, Friday (04/15/2011).

The weakening of the United States and European exchanges make the Asian market becomes vulnerable to lead Asian market became depressed and the rupiah weakened. Even though Asian stocks tend to move mixed, but there is no definite direction or directions in Asian markets, due to the weakening trend that occurred in the global market.

Meanwhile, the unstable state of global stock markets which led to depressed Asian stock markets also affect the purchase of government securities. "If market circumstances such as these investors tend to be reluctant to buy government securities, so that fewer and fewer foreign capital flows or capital inflows into Indonesia, otherwise if market conditions were good, then investors will flock to buy government securities," he concluded.

As is known, the rupiah, according to the exchange rate of Bank Indonesia (BI), Thursday (04/14/2011) rose to Rp8.661 per USD from the previous trading at Rp8.672 per USD. Meanwhile, according yahoofinance, the rupiah is on Rp8.667, 5 per USD, with the trading range today Rp8.657-8677 per USD.
(GoFinance)

Thursday, April 14, 2011

::Oil Prices Still Threaten Economy>>

Go Finance Reporting in WASHINGTON - U.S. Federal Reserve (Fed) rate State of Uncle Sam's economy has shown a good condition since last March. The Fed in its periodic reports said that U.S. economic activity in general continued to improve.

"Many districts are described in a moderate improvement, but most district states that in the various sectors of  its economy  began  to improve" the Fed said, as quoted by AFP on Thursday (04/14/2011).

But the Fed also warned that high oil prices should remain a consideration. "The cost of commodities continues to move up will affect the price,"said Fed.

Alistair Bentley from TD Economy said that the Fed's report offers some hope that despite the disappointing first-quarter data, the U.S. economy back on a stronger footing than six to eight months ago. "These data are pieces that are appropriate to achieve the economic growth during the second and third quarter," said Bentley.

However, he also said the report was not probably used to greet any major changes to the policy of the Fed. As known earlier, the central bank's interest rate committee will meet on April 26 to 27 this. Various parties expect the Fed to keep interest rates at very low levels to continue rolling the target of the U.S. purchase the assets at $ 60 billion figure that will further streamline the economy. (GoFinance)

::Again, Gold Price Moving Stronger!>>

Go Finance Reporting in SINGAPORE - The price of gold back to continue strengthening in the dollar exchange rate of the United States (U.S.) are experiencing the weakening of other currencies.

As quoted by Reuters on Thursday (04/14/2011), price of gold in the spot market at the level of parking USD1.456, 39 per ounce or rose $ 1, 78. Long gold price increase following the decline in the dollar faded other growing during the last 16 months.

Investors are estimated to still be interested in the promise of profits from the gold price is after a record highest price some time ago.

In addition to the weakening  U.S. dollar exchange rate, re-strengthening of the gold price last Monday  had exceeded USD 1476 per ounce, it also caused the action to wait and see  investors awaited the Fed's monetary policy late this April.

while the gold price of gold futures for June alone rose USD 2.8 to USD1.458, 4 per ounce. While the spot price of silver is almost no change in the level of USD40, 52 per ounce. Still below its highest price on Monday and then at the level of USD41, 93. (GoFinance)

::JP Morgan Successfully Wedge Strengthening Wall Street>>

Go Finance Reporting in NEW YORK - The stock market is the United States (U.S.) seem to be rallying thin because investors wait and see. This is due to the financial performance of the technology sector is positive, but on the other side of JPMorgan Chase looks weighing on the market.

Network equipment maker DAS Technology Inc. to encourage the industrial sector rose and the Nasdaq moved successfully make a positive. Its share price up 12.4 percent to USD34, 74. "The season first quarter financial report is like guessing game," said chief investment officer of Baker Avenue Asset Management, King Lip, told Reuters in San Francisco.

Previously, revenue competitors DAS, F5 appears showing weakness. "Some analysts think a lot of companies such as watershed will decrease earnings. That's why you see the strong reaction of their stock today," he explained.

While the stock price itself F5 Networks Inc. rose 3.1 percent to USD96, 70. JPMorgan Chase & Co. fell 0.8 percent to USD46, 25 after earlier rising more than one percent.

Issuers are listed earnings above expectations. But enthusiasm diminished after the chief executive said it will not increase the dividend. "Most people think that JPMorgan did fine. It has taken into account," said Lip.

In late trading Wednesday (04/13/2011) local time, the Dow Jones Industrial rose 7.41 points, or 0.06 percent, to 12270.99. The broader Standard & Poor's 500 up 0.25 points, or 0.02 percent, to 1,314.41. And the Nasdaq Composite Index rose 16.73 points, or 0.61 percent, to 2761.52. (GoFinance)

::Stocks Commodities sinkhole, IHSG Join weakened>>

Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) shut down the sinkhole at the close of trading this afternoon than the morning opening and closing the first session.

IHSG Thursday (04/14/2011) afternoon carrying weakened 26.43 points, or 0.71 percent, to 3707.98 position. While the LQ45 index also declined 4.95 points to 663.65, and the Jakarta Islamic Index (JII) dropped 3.9 points to 515.07.

The value of transactions recorded in the market until this afternoon was recorded at Rp3, 40 trillion by volume amounted to 2.70 billion shares. In which 89 stocks advanced, 124 stocks fell, and 122 stocks tracked stagnant.

The weakening stock index this time due to the mining sector, which weakened in up to 25.33 points, followed by consumer sector which fell by 12.25 points. Only the infrastructure sector are monitored rose at 3.07 points.

Stocks that rose among the PT Merck International Tbk (MERK) rose Rp500 to Rp95.500, PT Federal (AUTO) rose 200 to Rp16.350, and PT HM Sampoerna Tbk (HMSP) rose 200 to Rp28.350 .

And the weakening of these shares of PT Astra International Tbk (ASII) down Rp1.250 to Rp54.850, PT Dian Swastatika Sentosa Tbk (DSSA) down Rp1.250 to Rp25.500, and PT Bayan Resources Tbk (ITMG) down 900 to Rp47.600. (GoFinance)

Wednesday, April 13, 2011

::Gold Prices Crawl Starts Up>>

Go Finance Reporting in SINGAPORE - After experiencing price declines, gold has started to move strengthened. Nevertheless, the threat is still there because of the weakening price of Goldman Sachs estimates that commodity prices will fall.

As quoted by Reuters on Wednesday (04/13/2011), the gold price is in the position of USD1.454, 39 per ounce, up 44 cents from yesterday. Previously, these commodity prices had fallen to USD1.443, 49 per ounce on Tuesday.

However, gold also briefly hit a record high of about USD1.476 per ounce on Monday as prospects of further decline in U.S. dollar. While the price of gold futures for June rose $ 2 own, 4 to the position of USD1.456 per ounce.

The price of silver itself has increased by 11 cents to USD40, 15 per ounce compared to the previous position. (GoFinance)

::Oil Prices Down, 3 Index Wall Street sinkhole>>

Go Finance Reporting in NEW YORK - The stock market is the United States (U.S.) again weakened due to concerns about falling oil prices could trigger a slump in the shares of the energy sector issuers. In addition, Alcoa's earnings also far is below expectations.

Energy sector shares led the drop in stock indexes, where the S & P Energy Index fell to three percent. As a result, the fall in oil prices is making market players worried about high stock price of this energy.

"The fall of energy sector led the slowdown this time because this sector is a sector which is strongly associated with global growth. So, when commodity prices move, the stock market ready to follow," said Chief Analyst Robert Van Batenburg of Louis Capital, as quoted by Reuters, in New York.

Oil prices fell for the second day after Goldman Sachs forecast called for the price of Brent crude will fall to $ 20 in coming months. International Energy Agency also said high prices could hamper oil demand.

Unrest in oil-heavy regions of the Middle East and North Africa has sparked a rise in oil prices. S & P energy index is by far the largest index which indicates the strengthening of up to 11.1 percent in 2011, well above the S & P 500's that only go up 4.5 percent since the beginning of this year.

Slump in the financial performance of Alcoa Inc. looks to make market players worried about the continuation of economic recovery. Alcoa's stock price was down six percent to USD16, 70 and pushing the Dow Jones plummeted.

In late trading on Tuesday (04/12/2011) local time, the Dow Jones Industrial fell 117.53 points, or 0.95 percent, to 12263.58. The broader Standard & Poor's 500 index dropped 10.30 points, or 0.78 percent, to 1314.16. And the Nasdaq Composite Index fell 26.72 points, or 0.96 percent to 2744.79. (GoFinance)

::IHSG Back Self-Confidence>>

Go Finance Reporting in JAKARTA - At the close of trading Composite Stock Price Index (IHSG) was closed this afternoon in the green belt back. After trading at the opening session of the first flush and only increased slightly, IHSG re-discovered confidence.

IHSG strengthening this time seconded from internal factors, in which the mining sector led the strengthening and soar up to 40 points. Although the infrastructure sector recorded weaker and thin trading.

IHSG Wednesday (04/13/2011) rose 15.18 points, or 0.4 percent to a position equivalent to 3734.41. While the LQ45 index edged up 3.7 points to 668.6 positions, and the Jakarta Islamic Index (JII) rose 0.76 points to 518.97 positions.

The value of this transaction until the afternoon was recorded at Rp4, 25 trillion, with a volume of 3.3 billion shares. There are 138 stocks advanced, 83 stocks fell, and 110 stocks tracked stagnant.

Asian stocks also become one of the factors that support the strengthening of IHSG. Where to Hang zinc rose 158.66 points to 24135.03, Nikkei 225 rose 85.92 to 9641.18, and the Straits Times rose 36.13 to 3174.13.

Stocks that gained include PT Federal (AUTO) rose Rp750 to Rp16.150, PT Indocement Tbk (INTP) rose Rp450 to Rp16.850, PT Bayan Resources Tbk (ITMG) rose Rp400 to Rp48.500 , and PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600.

While the stock is weaker among PT Dian Swastatika Sentosa Tbk (DSSA) down Rp4.700 to Rp26.750, PT HM Sampoerna Tbk (HMSP) down Rp250 to Rp28.150, and PT Smart Tbk (SMAR) down Rp100 to Rp5.400 . (GoFinance)

::Global pressures, IHSG sinkhole 12 pts>>

Go Finance Reporting JAKARTA - Just like other Asian indices, Composite Stock Price Index (IHSG) moves to weaken amid global pressure.

IHSG, in early trading Wednesday (04/13/2011) moved down 12.31 points, or 0.3 percent, to 3706.92. LQ45 also down 2.99 points, or 0.4 percent to 661.91 and the Jakarta Islamic Index (JII) fell 1.89 points, or 0.4 percent, to 516.32.

Just like Wall Street stock index, index of Asia also looked depressed. The Hang Seng fell 100.66 points to 23,875, the Nikkei fell 3.9 points to 9551 and the Straits Times edged up 0.22 points to 3138.

Sector indices support this compact weakened. Poi estate sector down 5.92, or 0.3 percent, mining sector fell 5.09 points, or 0.2 per cent and consumption sector fell 3.09 points, or 0.3 percent.

The volume of transactions recorded as many as 153.9 million shares worth Rp258 billion. A total of 51 stocks fell, 37 stocks advanced and 76 shares remain stagnant.

Stocks that move down (top lossers) is PT Gudang Garam Tbk (GGRM) down Rp250 to Rp40.500, PT Bayan Resources Tbk (ITMG) Down 200 to Rp47.900 and PT Ashaimas Flat Glass Tbk (AMFG) down 150 to Rp6 .250.

While stocks rose (Top gainers) is PT Astra Autoparts Tbk (AUTO) rose Rp550 to Rp15.850, PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600 and PT Astra International Tbk (ASII) rose Rp100 to Rp56.250 . (GoFinance)

Tuesday, April 12, 2011

::After Make the Record, Oil Price Down>>

Go Finance Reporting in NEW YORK - Oil prices weakened after penetrating its highest level in two years because of concerns about the economic recovery of the United States (U.S.).

New York's main contract, light sweet crude for May delivery, closed below the psychological threshold of  USD110  per barrel. While oil prices The West Texas Intermediate  is at USD109, 92 in the futures market, fell $ 2, 87 from its closing level Friday.

Benchmark WTI has risen in early Asian trading as high as USD113, 46, in which a peak last seen in September 2008. In London, Brent North Sea crude oil for May delivery fell $ 2, 67 to USD123, 98 per barrel.

"If oil still rose to USD110-113 and so on, he has a chance is to thwart the comeback of U.S. economic recovery," said an analyst with Lind-Waldock, Rich Ilczyszyn as quoted by AFP.

He said oil markets take a breather for a while after strengthened significantly recently. Other commodities, like gold, which hit all-time high, were also lower on profit taking.

The market fell back from the high points as the dollar strengthened again against the euro, making the crude oil price in dollars become less attractive to investors. Despite price falls, investors remain worried about potential supply disruptions if the intensity of the unrest in the Middle East and North Africa. (GoFinance)

::Riots Influence Arab Economic>>

Go Finance Reporting in WASHINGTON - World Bank said the unrest in the Middle East and North Africa can suppress the economic growth of the Arab countries. This is due to the higher costs incurred by the two oil-rich region.

World Bank Chief Economist Justin Lin said, research economist in a number of lending institutions that showed that economic output in the Middle East and North Africa decreased.

"Our estimates show that the impact on countries like Egypt and Tunisia could be down about three percent of gross domestic product growth (GDP) was," Lin said while delivering the latest World Bank report related to the Middle East conflict and development in Washington Sunday (04/10/2011).

The economic outlook in January, the World Bank projected the economic growth in the region this year grew 4.3 percent, up from the previous year which only 3.3 percent. He added that besides two countries, specifically for the Middle East and North Africa, the impact of the riots could reduce economic growth of 2.4 percent. Nevertheless, the overall violence in the oil-rich countries will not have much impact because of the size of its economy is not great when compared to a global scale.

"However, for the price of oil, oil supply, is significantly affected. If viewed from that, we can feel a greater impact, "said Lin.

According to Lin, what the World Bank related to the Middle East economy is made after a look at issues of conflict, security, and its impact on economic health and poverty. "This report is based on our view of what is happening in the Middle East and North Africa in the past two months," he said.

He added that the conflict in Arab countries is also related to security issues that do not enter the conventional agenda for the World Bank and international development agencies. However, the problem is strongly linked to development. In the report entitled World Development Report, the World Bank also states that for other areas of high growth alone is not sufficient in reducing poverty and unemployment if there is conflict and violence.

To that end, the World Bank's emphasis on the need for access to employment, security, and justice as a key to prevent the recurrence of political violence and crime. "High unemployment and inequality can combine the weaknesses and the capacity of government on the issue of corruption, accountability, and human rights violations," said Sarah Cliffe, lead author of a World Bank report yesterday.

As is known, in recent months the political situation in several Arab countries following the fluctuating demands of the leaders of his country retreat. This condition initially in starting in Tunisia, then spread to Egypt, Jordan, Yemen, Syria, Bahrain, and Libya in North Africa. Cliffe pointed out, the growth rate in Tunisia and Egypt are on average over five percent each year is enough to reduce poverty.

Unfortunately the two countries failed to take advantage of these opportunities so that corruption and unemployment resulted in protests that led to the overthrow of power. "If we want to break the cycle of violence, the state should develop the practice more transparent, legitimate followed by the support of national institutions capable of providing the needs for citizens, including employment," added Bank World Bank President Robert Zoellick.

The report also confirms that in countries which used to the conflict, the government must solve its own problems by forming coalitions with civil society, politics, business, and consumers. (GoFinance)