minyaaa($74)aaak … 310510


31/05/2010 – 15:13
Minyak Asia Naik di Atas US$74 Dipicu Laporan Ekonomi AS

(IST)
INILAH.COM, Singapura – Harga minyak naik di atas US$74 per barel di Asia Senin (31/5) karena para pedagang melihat laporan tenaga kerja AS pekan ini memberikan petunjuk terhadap kekuatan pemulihan ekonomi global.

Mengutip AP, harga benchmark minyak mentah untuk pengiriman Juli meningkat 49 sen ke US$74,46 per barel pada perdagangan elektronik di Singapura sore di New York Mercantile Exchange. Kontrak serupa pada Jumat turun 58 sen ke US$73,97.

Volume perdagangan relatif sepi karena pasar Amerika Serikat tutup pada Senin (31/5) untuk libur Memorial Day. Harga minyak telah berada antara US$87 dan US$64 per barel bulan ini karena kekhawatiran bahwa krisis utang di Eropa bisa menular dan merusak ekonomi global serta mengguncang pasar keuangan.

Investor akan melihat laporan bulanan tenaga kerja AS akhir pekan ini yang memperlihatkan adanya tanda-tanda pemulihan ekonomi yang masih di dalam jalur. Analis memperkirakan perekonomian AS akan menambah sekitar 500.000 pekerja pada bulan Mei ini dan tingkat pengangguran turun menjadi 9,7 persen dari 9,8 persen pada April.

Dalam perdagangan NYMEX lainnya pada bulan Juni kontrak minyak hasil pemanasan naik 1,03 sen menjadi US$2,0148 per galon dan bensin naik 0,70 persen ke US$2,0336 per galon. Gas alam naik 1,4 sen ke 4,355 dolar AS per 1.000 kaki kubik. Di London, minyak mentah Brent naik 53 sen untuk kontak Juli ke US$74,55 di bursa berjangka ICE. [cms]
Stocks Rise in Europe, Canada as Oil Gains; Spanish Bonds Drop

Share Business ExchangeTwitterFacebook| Email | Print | A A A
By Matt Walcoff and Alexander Cuadros

May 31 (Bloomberg) — Stocks in Europe, Canada and Brazil advanced along with oil as investors speculated the global economy will withstand the debt crisis in the euro zone. Spanish government bonds fell after Fitch Ratings stripped the nation of its AAA rating, and shares fell in Israel.

The Stoxx Europe 600 Index gained 0.3 percent. The Standard & Poor’s/TSX Composite Index climbed 0.6 percent and the Bovespa advanced 0.8 percent as of 12:50 p.m. New York time. Crude rose 0.6 percent. The yield difference between Spanish and German 10- year bonds widened to 159 basis points. Stocks fell in Israel on concern tensions may escalate after 10 people were killed as commandos clashed with pro-Palestinian activists.

Canada’s economy grew at the fastest pace since 1999 in the first quarter, led by consumer spending and manufacturing. Developing nations remain “a source of strength for the world economy,” European Central Bank President Jean-Claude Trichet said today via video link to a Bank of Korea conference. Stock exchanges in the U.S. and U.K. were closed for holidays.

“There was no bad news over the weekend,” said Eduardo Favrin, who oversees about $2.5 billion in stocks as head of equities for HSBC Global Asset Management’s Brazil unit in Sao Paulo. “The absence of the American market really dries out the liquidity in other markets.”

‘A Little Bit’

The MSCI World Index of stocks in 24 developed markets has rallied 57 percent from its low in March 2009 after the economy recovered from the worst recession since World War II and central banks kept interest rates near record lows. Federal Reserve Bank of Chicago President Charles Evans told reporters in Seoul today that he “wouldn’t be surprised” if the Fed’s policy of low rates “gets extended just a little bit.”

The Stoxx 600 pared its loss for May to 5.8 percent, the biggest monthly retreat since February 2009. The MSCI Asia Pacific Index, which rose less than 0.1 percent today, has slumped 9.8 percent since April 30. The S&P 500 fell 8.2 percent, also the worst performance in 15 months. Equities plunged around the world this month on concern a debt crisis is spreading from Greece.

Shares of Sanoma Oyj rose 2.9 percent in Helsinki trading after the biggest Nordic media company agreed to sell its Welho unit. Daimler AG led automakers higher as Deutsche Bank AG lifted its share-price estimate for the world’s second-largest maker of luxury cars. Spain’s IBEX 35 slipped 0.7 percent after Fitch Ratings downgraded the nation to AA+.

Behind Only Germany

Canada’s S&P/TSX pared its May retreat to 3.9 percent, which is the second-best performance among 24 developed markets in the world, trailing only Germany’s DAX Index. Gross domestic product grew 6.1 percent at an annualized pace in the January- March period, Statistics Canada said today. Economists forecast a 5.9 percent expansion, based on 20 predictions gathered by Bloomberg News. The Bank of Canada projected 5.8 percent.

“It’s almost at a point where if bad news doesn’t make stocks go down, it’s a sign the worst has been priced in,” said Greg Taylor, who helps oversee C$4.5 billion ($4.3 billion) as a money manager at Aurion Capital Management in Toronto. “Also, it sounds like the U.S. is delaying raising interest rates. With them staying on the gas, that could keep the markets going.”

Oil rose to $74.38 a barrel in New York. Futures are down 14 percent in May, the biggest monthly drop since December 2008.

“Over the next one-two months a relatively resilient economic and profit outlook should push riskier assets up,” Jan Loeys, a London-based strategist at JPMorgan Chase & Co., wrote in a report e-mailed today. “Confidence surveys remain strong and lower interest rates, oil prices and a cheaper euro are providing positive feedback from the market correction.”

Most Since 1996

Yields on Spain’s 10-year bonds climbed to 4.25 percent, while the payout on German bunds fell to 2.66 percent. The difference surged to 1.64 percentage points on May 7, the highest since 1996.

The MSCI Emerging Markets Index gained for a fourth day, rising 0.7 percent. The advance trimmed its May slump to 9.5 percent, its worst month since October 2008. Indexes for South Korea, Thailand and Indonesia rose more than 1 percent today.

The rally in Brazil’s Bovespa stock index was led by government-controlled oil company Petroleo Brasileiro SA, as crude climbed on speculation economic growth in the U.S. will sustain a global recovery in fuel demand. Tele Norte Leste Participacoes SA common shares advanced 3.9 percent, the biggest gain on the index, while Gerdau SA, Latin America’s largest steelmaker, climbed 2.3 percent.

Fear of Tensions

Israeli shares fell the most in four days on concern tensions may escalate following the deaths of the pro- Palestinian activists. The TA-25 Index lost 1.6 percent and the shekel weakened 0.9 percent against the U.S. dollar.

Turkey’s ISE National 100 Index retreated 1.5 percent, snapping a three-day rally. The international flotilla carrying aid to Gaza included Turkish-registered vessels. The lira dropped 0.3 percent versus the U.S. dollar.

Sixteen of 19 commodities in the Reuters/Jefferies CRB Commodity Price Index fell this month, with copper dropping 6.8 percent as concern mounted that China may take further steps to keep its economy from overheating. Gold and natural gas bucked the trend, with the precious metal rising 3.2 percent as investors sought the safety of hard assets and natural gas jumping 11 percent.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: